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

Kingfisher plc (OTCMKTS:KGFHY) was the recipient of a large 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 volume of 305,000 shares, the short-interest ratio is presently 0.1 days.

Kingfisher Stock Performance

Shares of Kingfisher stock traded up $0.26 on Thursday, reaching $5.80. The company’s stock had a trading volume of 171,487 shares, compared to its average volume of 199,619. The company has a quick ratio of 0.30, a current ratio of 1.26 and a debt-to-equity ratio of 0.01. The stock has a 50-day moving average price of $6.44 and a 200-day moving average price of $7.15. Kingfisher has a 52-week low of $5.26 and a 52-week high of $8.80.

Analysts Set New Price Targets

KGFHY has been the topic of several research analyst reports. Barclays raised Kingfisher to a “hold” rating in a report on Friday, September 27th. UBS Group raised shares of Kingfisher from a “strong sell” rating to a “hold” rating in a research report on Monday, September 23rd.

About Kingfisher

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.