Rockwool A/S (OTCMKTS:RKWBF) Short Interest Update

Rockwool A/S (OTCMKTS:RKWBF – Get Rating) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 23,900 shares, a drop of 61.3% from the April 30th total of 61,700 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Societe Generale raised Rockwool A/S from a “hold” rating to a “buy” rating in a report on Tuesday, March 14th. Nordea Equity Research lowered Rockwool A/S from a “hold” rating to a “sell” rating in a report on Friday, May 12th. Handelsbanken cut Rockwool A/S from a “buy” rating to a “hold” rating in a research note on Tuesday, February 14th. Finally, JPMorgan Chase & Co. upgraded Rockwool A/S from an “underweight” rating to a “neutral” rating in a research report on Friday, January 27th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $1,717.50.

Rockwool A/S Stock Performance

OTCMKTS:RKWBF remained flat at $235.50 during mid-day trading on Friday. Rockwool A/S has a 1 year low of $155.00 and a 1 year high of $291.75. The stock has a fifty day simple moving average of $234.13 and a 200 day simple moving average of $235.67.

Rockwool A/S Company Profile

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Rockwool A/S manufactures and sells stone wool insulations in Western Europe, Eastern Europe, North America, Asia, and internationally. The company operates through two segments, Insulation and Systems segments. It offers fire-safe stone wool insulation under the ROCKWOOL brand name; fire-safe acoustic ceiling tiles and systems under the Rockfon brand name; board materials that are applied in ventilated constructions for facade cladding, roof detailing, soffits, and fascia under the Rockpanel brand name; stone wool growing media and technology solutions for the horticulture industry under the Grodan brand name; and stone wool-based products used in automotive, urban acoustics, and urban climate adaptation applications under the Lapinus brand name.