Short Interest in Kingspan Group plc (OTCMKTS:KGSPY) Decreases By 63.6%

Kingspan Group plc (OTCMKTS:KGSPY) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 2,000 shares, a decrease of 63.6% from the January 31st total of 5,500 shares. Based on an average trading volume of 37,800 shares, the days-to-cover ratio is currently 0.1 days.

Kingspan Group Stock Down 0.6 %

Shares of OTCMKTS:KGSPY traded down $0.51 during mid-day trading on Friday, hitting $81.87. The stock had a trading volume of 227,510 shares, compared to its average volume of 41,187. Kingspan Group has a 12-month low of $65.86 and a 12-month high of $99.85. The company’s 50 day moving average is $72.16 and its 200-day moving average is $80.27.

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.