Short Interest in Kingspan Group plc (OTCMKTS:KGSPY) Drops By 62.8%

Kingspan Group plc (OTCMKTS:KGSPY) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 432 shares, a drop of 62.8% from the January 15th total of 1,160 shares. Based on an average trading volume of 28,309 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 28,309 shares, the days-to-cover ratio is presently 0.0 days.

Kingspan Group Stock Performance

OTCMKTS:KGSPY opened at $97.08 on Wednesday. Kingspan Group has a one year low of $69.01 and a one year high of $98.35. The business has a fifty day moving average price of $87.40 and a 200-day moving average price of $82.96.

About Kingspan Group

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.