Short Interest in Kingspan Group plc (OTCMKTS:KGSPY) Rises By 500.0%

Kingspan Group plc (OTCMKTS:KGSPYGet Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 600 shares, an increase of 500.0% from the September 15th total of 100 shares. Based on an average daily volume of 7,000 shares, the days-to-cover ratio is presently 0.1 days.

Kingspan Group Stock Up 0.5 %

Kingspan Group stock traded up $0.42 during trading hours on Friday, hitting $87.65. The stock had a trading volume of 2,526 shares, compared to its average volume of 5,386. Kingspan Group has a 1-year low of $64.70 and a 1-year high of $99.85. The stock’s fifty day moving average is $89.44 and its two-hundred day moving average is $91.20.

Kingspan Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, October 28th. Shareholders of record on Friday, September 6th will be issued a dividend of $0.1686 per share. The ex-dividend date is Friday, September 6th.

Kingspan Group Company Profile

(Get Free Report)

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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