Short Interest in K+S Aktiengesellschaft (OTCMKTS:KPLUY) Expands By 92.3%

K+S Aktiengesellschaft (OTCMKTS:KPLUY) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 1,171 shares, a growth of 92.3% from the May 14th total of 609 shares. Based on an average daily trading volume, of 5,479 shares, the days-to-cover ratio is presently 0.2 days.

K+S Aktiengesellschaft Price Performance

Shares of OTCMKTS KPLUY traded up $0.26 during midday trading on Friday, hitting $7.94. 1,529 shares of the stock traded hands, compared to its average volume of 5,428. The firm has a 50-day moving average of $8.90 and a two-hundred day moving average of $8.40. K+S Aktiengesellschaft has a one year low of $6.24 and a one year high of $10.67.

K+S Aktiengesellschaft Company Profile

K+S Aktiengesellschaft is a Germany-based company specializing in the production and distribution of mineral fertilizers and industrial salts. Headquartered in Kassel, the company operates a network of mining and processing facilities that extract potash, magnesium salts and rock salt from underground deposits. Its core business centers on supplying crop nutrients that enhance soil fertility, help increase agricultural yields and support sustainable farming practices.

The company’s product portfolio includes potash fertilizers, magnesium-containing fertilizers, specialty fertilizers for precision agriculture, and industrial salts used in a range of applications such as de-icing, water treatment and chemical manufacturing.