Kingspan Group plc (OTCMKTS:KGSPY) Short Interest Update

Kingspan Group plc (OTCMKTS:KGSPY) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 5,600 shares, a growth of 833.3% from the September 30th total of 600 shares. Based on an average trading volume of 6,900 shares, the short-interest ratio is presently 0.8 days.

Kingspan Group Trading Up 0.6 %

Shares of KGSPY stock traded up $0.50 on Friday, hitting $86.46. The company’s stock had a trading volume of 4,976 shares, compared to its average volume of 5,311. The stock’s 50 day moving average is $89.47 and its 200-day moving average is $90.99. Kingspan Group has a fifty-two week low of $64.70 and a fifty-two week high of $99.85.

Kingspan Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, October 28th. Investors of record on Friday, September 6th will be paid a $0.1686 dividend. The ex-dividend date of this dividend is Friday, September 6th.

Kingspan Group Company Profile

Kingspan Group plc, together with its subsidiaries, provides insulation and building envelope solutions in Western and Southern Europe, Central and Northern Europe, the Americas, and internationally. It operates through five segments: Insulated Panels, Insulation, Roofing + Waterproofing, Light, Air + Water, and Data + Flooring.