Kingspan Group plc (OTCMKTS:KGSPY) Short Interest Down 89.7% in March

Kingspan Group plc (OTCMKTS:KGSPY) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 10,300 shares, a decline of 89.7% from the February 28th total of 100,100 shares. Based on an average daily volume of 139,800 shares, the short-interest ratio is currently 0.1 days.

Kingspan Group Stock Down 1.0 %

OTCMKTS:KGSPY traded down $0.85 during midday trading on Thursday, hitting $83.65. The stock had a trading volume of 6,012 shares, compared to its average volume of 47,932. The stock has a 50-day moving average of $78.11 and a 200 day moving average of $80.27. Kingspan Group has a one year low of $65.86 and a one year high of $99.85.

Kingspan Group Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, April 11th will be paid a dividend of $0.309 per share. The ex-dividend date of this dividend is Friday, April 11th. This is a positive change from Kingspan Group’s previous dividend of $0.17.

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.