Kingfisher PLC (OTCMKTS:KGFHY) Short Interest Update

Kingfisher PLC (OTCMKTS:KGFHY) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 191,205 shares, a decline of 61.5% from the April 15th total of 496,745 shares. Based on an average daily volume of 266,676 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, Barclays raised shares of Kingfisher from an “underweight” rating to an “equal weight” rating in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Kingfisher Stock Down 4.5%

KGFHY traded down $0.34 on Friday, hitting $7.29. 185,987 shares of the company’s stock were exchanged, compared to its average volume of 124,749. Kingfisher has a fifty-two week low of $6.53 and a fifty-two week high of $10.17. The company has a current ratio of 1.21, a quick ratio of 0.27 and a debt-to-equity ratio of 0.02. The firm has a 50-day moving average price of $7.96 and a 200-day moving average price of $8.41.

Kingfisher Company Profile

Kingfisher plc (OTCMKTS: KGFHY) is a leading international home improvement retailer headquartered in London, United Kingdom. The company operates a network of stores and digital platforms offering a comprehensive range of do-it-yourself (DIY) and home improvement products. Kingfisher’s business model focuses on delivering value to both retail customers and trade professionals through an integrated omni-channel approach.

The group’s retail banners include B&Q and Screwfix in the UK and Ireland, Castorama and Brico Dépôt in France and Poland, and Koçtaş in Turkey.