Kingspan Group plc (OTCMKTS:KGSPY – Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 5,600 shares, a growth of 833.3% from the September 30th total of 600 shares. Based on an average daily volume of 6,900 shares, the days-to-cover ratio is currently 0.8 days.
Kingspan Group Price Performance
KGSPY stock traded up $0.50 during trading on Friday, reaching $86.46. 4,976 shares of the stock traded hands, compared to its average volume of 5,311. The business’s 50 day moving average price is $89.54 and its 200-day moving average price is $91.04. Kingspan Group has a 52-week low of $64.70 and a 52-week high of $99.85.
Kingspan Group Cuts Dividend
The business also recently declared a dividend, which will be paid on Monday, October 28th. Stockholders of record on Friday, September 6th will be given a dividend of $0.1686 per share. The ex-dividend date of this dividend is Friday, September 6th.
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.
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