Kingspan Group plc (OTCMKTS:KGSPF) Short Interest Up 23.8% in February

Kingspan Group plc (OTCMKTS:KGSPF) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 108,600 shares, an increase of 23.8% from the February 13th total of 87,700 shares. Based on an average daily volume of 18,200 shares, the days-to-cover ratio is presently 6.0 days.

Kingspan Group Stock Performance

Shares of OTCMKTS KGSPF opened at $87.50 on Thursday. The company’s 50-day simple moving average is $78.77 and its 200-day simple moving average is $82.90. Kingspan Group has a 52-week low of $65.61 and a 52-week high of $93.29.

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.