Kingspan Group plc (OTCMKTS:KGSPF) Sees Significant Growth in Short Interest

Kingspan Group plc (OTCMKTS:KGSPF) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 56,200 shares, an increase of 22.2% from the October 31st total of 46,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 562.0 days.

Kingspan Group Price Performance

Shares of Kingspan Group stock remained flat at $85.16 during trading hours on Monday. Kingspan Group has a 1 year low of $85.16 and a 1 year high of $85.16. The business’s 50-day moving average is $85.13 and its two-hundred day moving average is $90.94.

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.