Rockwool A/S (OTCMKTS:RKWBF) Sees Large Decline in Short Interest

Rockwool A/S (OTCMKTS:RKWBF) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 17,700 shares, a drop of 48.8% from the March 15th total of 34,600 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 177.0 days.

Rockwool A/S Stock Performance

OTCMKTS:RKWBF remained flat at $34.79 during mid-day trading on Friday. The business has a fifty day moving average price of $376.10 and a two-hundred day moving average price of $396.98. Rockwool A/S has a 52-week low of $338.06 and a 52-week high of $493.48.

Rockwool A/S Company Profile

Rockwool A/S produces and sells stone wool insulation products in Western Europe, Eastern Europe, North America, Asia, and internationally. The company operates through two segments, Insulation and Systems segments. It offers fire-safe stone wool insulation under the ROCKWOOL brand name; acoustic solutions for ceilings and walls under the Rockfon brand name; board materials that are applied in ventilated constructions for facade cladding, soffits, roof detailing, and fascia under the Rockpanel brand name; and rootzone management solutions for controlled environment agriculture under the Grodan brand name.