Short Interest in Kingspan Group plc (OTCMKTS:KGSPF) Rises By 23.8%

Kingspan Group plc (OTCMKTS:KGSPF) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 108,600 shares, a growth of 23.8% from the February 13th total of 87,700 shares. Based on an average daily volume of 18,200 shares, the days-to-cover ratio is presently 6.0 days.

Kingspan Group Stock Performance

Shares of Kingspan Group stock opened at $87.50 on Thursday. Kingspan Group has a 12-month low of $65.61 and a 12-month high of $93.29. The firm’s 50 day simple moving average is $78.77 and its two-hundred day simple moving average is $82.90.

Kingspan Group Company Profile

Kingspan Group plc, together with its subsidiaries, provides insulation and building envelope solutions in Western and Southern Europe, Central and Northern Europe, the Americas, and internationally. It operates through five segments: Insulated Panels, Insulation, Roofing + Waterproofing, Light, Air + Water, and Data + Flooring.