K+S Aktiengesellschaft (OTCMKTS:KPLUF) Short Interest Down 43.6% in January

K+S Aktiengesellschaft (OTCMKTS:KPLUF) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 165,169 shares, a drop of 43.6% from the January 15th total of 292,643 shares. Based on an average trading volume of 684 shares, the days-to-cover ratio is presently 241.5 days. Based on an average trading volume of 684 shares, the days-to-cover ratio is presently 241.5 days.

Wall Street Analysts Forecast Growth

Separately, Scotiabank upgraded shares of K+S Aktiengesellschaft to a “hold” rating in a research report on Friday, November 28th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, K+S Aktiengesellschaft has a consensus rating of “Reduce”.

K+S Aktiengesellschaft Price Performance

OTCMKTS KPLUF opened at $16.99 on Friday. The company has a 50-day moving average price of $14.75 and a 200-day moving average price of $14.25. K+S Aktiengesellschaft has a 52 week low of $13.04 and a 52 week high of $18.62.

About K+S Aktiengesellschaft

K+S Aktiengesellschaft is a Germany-based specialty chemicals and fertilizer company with a primary focus on the extraction and production of potash and salt. The company traces its origins back to the late 19th century, when potassium mining began in the Werra district of central Germany. Today, K+S operates as an independent publicly traded enterprise, leveraging decades of experience in mineral resources to serve agricultural and industrial markets worldwide.

The company’s core business activities include the mining, processing and marketing of potash and magnesium products for use in crop nutrition, as well as the sale of salt for de-icing, water treatment and industrial applications.