Kingspan Group plc (OTCMKTS:KGSPY) Short Interest Down 63.6% in February

Kingspan Group plc (OTCMKTS:KGSPY) was the target of a significant 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 daily trading volume, of 37,800 shares, the days-to-cover ratio is presently 0.1 days.

Kingspan Group Price Performance

Shares of OTCMKTS KGSPY traded down $0.51 during mid-day trading on Friday, reaching $81.87. The company’s stock had a trading volume of 227,510 shares, compared to its average volume of 41,187. The stock has a 50-day moving average of $72.16 and a two-hundred day moving average of $80.27. Kingspan Group has a 1-year low of $65.86 and a 1-year high of $99.85.

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.