Kingspan Group plc (OTCMKTS:KGSPF) Short Interest Up 65.6% in December

Kingspan Group plc (OTCMKTS:KGSPF) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 106,300 shares, an increase of 65.6% from the December 15th total of 64,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 1,063.0 days.

Kingspan Group Price Performance

Shares of OTCMKTS KGSPF remained flat at $85.16 during trading hours on Friday. The business has a 50 day simple moving average of $85.11 and a 200-day simple moving average of $88.27. Kingspan Group has a 52-week low of $85.16 and a 52-week high of $85.16.

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.