Kingspan Group plc (OTCMKTS:KGSPF) Sees Significant Decrease in Short Interest

Kingspan Group plc (OTCMKTS:KGSPF) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 105,493 shares, a decline of 58.1% from the May 14th total of 252,041 shares. Based on an average daily trading volume, of 1,331 shares, the days-to-cover ratio is currently 79.3 days.

Kingspan Group Stock Performance

KGSPF opened at $94.58 on Friday. The business has a 50-day moving average of $90.18 and a two-hundred day moving average of $88.64. Kingspan Group has a 12 month low of $71.49 and a 12 month high of $103.16.

Kingspan Group Company Profile

Kingspan Group plc is a global provider of high-performance building materials and envelope solutions. The company specializes in the design, manufacture, and supply of advanced insulation boards, insulated metal and composite panels, roofing and waterproofing systems, and architectural facades. Its offerings extend to climate control units, raised access flooring, daylighting systems, and building management services, targeting energy-efficient construction across residential, commercial, and industrial markets.

Founded in 1965 as Kingspan Insulations Ltd in Kingscourt, County Cavan, Ireland, the company has grown through organic innovation and strategic acquisitions.