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

Kingspan Group plc (OTCMKTS:KGSPF) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 106,300 shares, a growth 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 currently 1,063.0 days.

Kingspan Group Price Performance

OTCMKTS:KGSPF remained flat at $85.16 during trading hours on Friday. Kingspan Group has a twelve month low of $85.16 and a twelve month high of $85.16. The stock’s fifty day moving average price is $85.11 and its 200 day moving average price is $88.27.

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.