Short Interest in K+S Aktiengesellschaft (OTCMKTS:KPLUF) Grows By 41.4%

K+S Aktiengesellschaft (OTCMKTS:KPLUF) saw a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 141,602 shares, an increase of 41.4% from the February 12th total of 100,163 shares. Based on an average daily volume of 33 shares, the days-to-cover ratio is presently 4,291.0 days. Based on an average daily volume of 33 shares, the days-to-cover ratio is presently 4,291.0 days.

Wall Street Analyst Weigh In

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

K+S Aktiengesellschaft Trading Down 3.9%

OTCMKTS KPLUF traded down $0.83 during trading on Friday, reaching $20.25. The company’s stock had a trading volume of 199 shares, compared to its average volume of 178. The business’s fifty day moving average price is $16.26 and its 200-day moving average price is $14.64. K+S Aktiengesellschaft has a twelve month low of $13.04 and a twelve month high of $21.21.

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.