Kingspan Group plc (OTCMKTS:KGSPY) Short Interest Update

Kingspan Group plc (OTCMKTS:KGSPY) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 544 shares, a decrease of 77.2% from the July 15th total of 2,385 shares. Based on an average daily volume of 32,965 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Kingspan Group Stock Down 1.4%

Shares of Kingspan Group stock traded down $1.69 on Friday, reaching $116.94. 16,754 shares of the company were exchanged, compared to its average volume of 17,890. Kingspan Group has a fifty-two week low of $71.63 and a fifty-two week high of $120.08. The stock has a fifty day moving average price of $94.51 and a 200-day moving average price of $91.75.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Kingspan Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, Kingspan Group presently has a consensus rating of “Strong Buy”.

Kingspan Group Company Profile

Kingspan Group plc is a global leader in high-performance insulation and building envelope solutions. Founded in 1965 and headquartered in Kingscourt, Ireland, the company develops, manufactures and supplies a broad range of products designed to improve building energy efficiency, airtightness and overall sustainability. Kingspan’s core offerings include insulated wall, roof and floor panels, rigid insulation boards, and advanced glazing systems, alongside integrated water and energy management technologies such as rainwater harvesting and solar thermal solutions.

Over the decades, Kingspan has expanded its expertise beyond insulation, adding innovative façade systems, structural framing, and daylighting solutions to its portfolio.