Kingfisher plc (OTCMKTS:KGFHY) Sees Significant Increase in Short Interest

Kingfisher plc (OTCMKTS:KGFHY) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 11,700 shares, an increase of 192.5% from the January 31st total of 4,000 shares. Based on an average daily trading volume, of 195,100 shares, the days-to-cover ratio is currently 0.1 days.

Kingfisher Stock Performance

Shares of KGFHY traded down $0.06 during trading hours on Friday, reaching $6.17. 131,818 shares of the company traded hands, compared to its average volume of 134,816. The stock’s fifty day moving average price is $6.05 and its 200 day moving average price is $6.98. The company has a quick ratio of 0.30, a current ratio of 1.26 and a debt-to-equity ratio of 0.01. Kingfisher has a 12-month low of $5.47 and a 12-month high of $8.80.

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.