Kier Group plc (OTCMKTS:KIERF) Sees Large Decrease in Short Interest

Kier Group plc (OTCMKTS:KIERF) was the recipient of a significant drop in short interest during the month of August. As of August 15th, there was short interest totalling 300 shares, a drop of 97.6% from the July 31st total of 12,500 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 1.5 days.

Kier Group Stock Performance

KIERF stock remained flat at $2.35 during mid-day trading on Tuesday. Kier Group has a fifty-two week low of $1.97 and a fifty-two week high of $2.35. The firm’s fifty day moving average is $1.76 and its 200-day moving average is $1.48.

About Kier Group

Kier Group plc primarily engages in the construction business in the United Kingdom and internationally. The company operates through three segments: Construction, Infrastructure Services, and Property. It constructs power stations, roads, bridges, railways, tunnels, and buildings for public and private sectors including schools, hospitals and prisons; and provides maintenance services for the UK road, rail, and utilities infrastructure, as well as reactive repairs.