Short Interest in Kingspan Group plc (OTCMKTS:KGSPF) Rises By 22.2%

Kingspan Group plc (OTCMKTS:KGSPF) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 56,200 shares, an increase of 22.2% from the October 31st total of 46,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 562.0 days.

Kingspan Group Price Performance

Kingspan Group stock remained flat at $85.16 during midday trading on Monday. The firm’s 50 day simple moving average is $85.13 and its 200-day simple moving average is $90.94. Kingspan Group has a 12-month low of $85.16 and a 12-month high of $85.16.

About Kingspan Group

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.