Kingspan Group plc (OTCMKTS:KGSPY – Get Free Report) was the recipient of a significant increase in short interest in August. As of August 15th, there was short interest totalling 6,800 shares, an increase of 161.5% from the July 31st total of 2,600 shares. Based on an average daily trading volume, of 21,000 shares, the days-to-cover ratio is currently 0.3 days.
Kingspan Group Price Performance
Shares of KGSPY stock traded down $0.19 during trading hours on Friday, reaching $87.10. The stock had a trading volume of 4,299 shares, compared to its average volume of 5,485. Kingspan Group has a 12 month low of $64.70 and a 12 month high of $99.85. The stock’s fifty day simple moving average is $89.94 and its 200 day simple moving average is $91.40.
Kingspan Group Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, October 28th. Stockholders of record on Friday, September 6th will be issued a dividend of $0.1686 per share. The ex-dividend date 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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