Kingspan Group plc (OTCMKTS:KGSPY) Sees Significant Growth in Short Interest
by Scott Moore · The Cerbat GemKingspan Group plc (OTCMKTS:KGSPY – Get Free Report) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 14,056 shares, a growth of 64.6% from the November 30th total of 8,540 shares. Based on an average daily volume of 50,022 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 50,022 shares, the days-to-cover ratio is currently 0.3 days.
Kingspan Group Trading Down 0.2%
OTCMKTS:KGSPY traded down $0.18 during trading hours on Friday, reaching $87.69. 17,712 shares of the company’s stock were exchanged, compared to its average volume of 30,444. Kingspan Group has a 12 month low of $65.86 and a 12 month high of $94.26. The business’s 50-day simple moving average is $82.00 and its two-hundred day simple moving average is $82.42.
Kingspan Group Company Profile
Kingspan Group plc is a global leader in high-performance insulation and building envelope solutions. Founded in 1965 and headquartered in Kingscourt, Ireland, the company develops, manufactures and supplies a broad range of products designed to improve building energy efficiency, airtightness and overall sustainability. Kingspan’s core offerings include insulated wall, roof and floor panels, rigid insulation boards, and advanced glazing systems, alongside integrated water and energy management technologies such as rainwater harvesting and solar thermal solutions.
Over the decades, Kingspan has expanded its expertise beyond insulation, adding innovative façade systems, structural framing, and daylighting solutions to its portfolio.