K+S Aktiengesellschaft (OTCMKTS:KPLUF) Short Interest Update

K+S Aktiengesellschaft (OTCMKTS:KPLUF) was the target of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 169,064 shares, an increase of 19.4% from the February 26th total of 141,602 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1,690.6 days.

K+S Aktiengesellschaft Price Performance

Shares of OTCMKTS:KPLUF opened at $17.63 on Tuesday. K+S Aktiengesellschaft has a 1-year low of $13.04 and a 1-year high of $21.21. The firm’s 50 day simple moving average is $17.51 and its two-hundred day simple moving average is $15.08.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on KPLUF. DZ Bank downgraded shares of K+S Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research report on Friday, March 13th. Scotiabank downgraded K+S Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research report on Monday, March 16th. Three investment analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Strong Sell”.

K+S Aktiengesellschaft Company Profile

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.