Short Interest in Kingspan Group plc (OTCMKTS:KGSPY) Drops By 60.0%

Kingspan Group plc (OTCMKTS:KGSPY) was the target of a significant decline in short interest in November. As of November 15th, there was short interest totalling 400 shares, a decline of 60.0% from the October 31st total of 1,000 shares. Based on an average trading volume of 17,000 shares, the short-interest ratio is currently 0.0 days.

Kingspan Group Price Performance

Shares of OTCMKTS:KGSPY traded down $1.99 during mid-day trading on Thursday, reaching $73.99. The stock had a trading volume of 8,447 shares, compared to its average volume of 5,649. Kingspan Group has a 1 year low of $73.16 and a 1 year high of $99.85. The business’s 50 day moving average price is $86.72 and its 200 day moving average price is $89.52.

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.