Kingfisher plc (OTCMKTS:KGFHY) Short Interest Update

by · The Cerbat Gem

Kingfisher plc (OTCMKTS:KGFHY – Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 58,400 shares, a drop of 65.5% from the March 15th total of 169,500 shares. Based on an average daily trading volume, of 293,400 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Kingfisher Stock Up 4.0 %

Shares of OTCMKTS KGFHY traded up $0.27 during mid-day trading on Tuesday, hitting $7.01. 104,840 shares of the stock traded hands, compared to its average volume of 194,086. The company has a current ratio of 1.26, a quick ratio of 0.30 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average price of $6.48 and a 200-day moving average price of $6.74. Kingfisher has a 52 week low of $5.47 and a 52 week high of $8.80.

Analyst Ratings Changes

KGFHY has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Kingfisher in a research note on Wednesday, March 26th. Citigroup restated a “neutral” rating on shares of Kingfisher in a report on Wednesday, March 26th.

View Our Latest Stock Analysis on KGFHY

Kingfisher Company Profile

(Get Free Report)

Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands. The company sells its products through stores and e-commerce channels.

See Also