Kingfisher plc (OTCMKTS:KGFHY) Short Interest Up 111.6% in December

Kingfisher plc (OTCMKTS:KGFHY) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 36,600 shares, an increase of 111.6% from the December 15th total of 17,300 shares. Based on an average daily trading volume, of 305,000 shares, the short-interest ratio is currently 0.1 days.

Kingfisher Stock Up 4.7 %

Kingfisher stock traded up $0.26 during midday trading on Thursday, hitting $5.80. The stock had a trading volume of 171,487 shares, compared to its average volume of 199,368. Kingfisher has a 52-week low of $5.26 and a 52-week high of $8.80. The firm’s fifty day moving average is $6.48 and its two-hundred day moving average is $7.16. The company has a current ratio of 1.26, a quick ratio of 0.30 and a debt-to-equity ratio of 0.01.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on KGFHY shares. Barclays upgraded shares of Kingfisher to a “hold” rating in a research note on Friday, September 27th. UBS Group upgraded Kingfisher from a “strong sell” rating to a “hold” rating in a research report on Monday, September 23rd.

Kingfisher Company Profile

Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands. The company sells its products through stores and e-commerce channels.