Kingspan Group plc (OTCMKTS:KGSPY) Sees Large Increase in Short Interest

Kingspan Group plc (OTCMKTS:KGSPY) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 8,050 shares, an increase of 1,763.4% from the January 29th total of 432 shares. Based on an average trading volume of 24,645 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 24,645 shares, the short-interest ratio is currently 0.3 days.

Kingspan Group Stock Down 2.7%

Kingspan Group stock opened at $97.53 on Thursday. The stock has a 50-day moving average price of $89.60 and a 200 day moving average price of $84.04. Kingspan Group has a 52 week low of $71.63 and a 52 week high of $103.26.

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.