Kingfisher PLC (OTCMKTS:KGFHY) Short Interest Update

Kingfisher PLC (OTCMKTS:KGFHY) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 106,462 shares, a decrease of 63.9% from the June 15th total of 295,061 shares. Based on an average daily trading volume, of 273,341 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Barclays upgraded Kingfisher from an “underweight” rating to an “equal weight” rating in a report on Monday, April 27th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Kingfisher currently has a consensus rating of “Hold”.

Kingfisher Stock Performance

KGFHY stock opened at $7.42 on Monday. The firm’s 50-day moving average is $7.64 and its 200 day moving average is $8.28. The company has a quick ratio of 0.27, a current ratio of 1.21 and a debt-to-equity ratio of 0.02. Kingfisher has a 12 month low of $6.53 and a 12 month high of $10.17.

Kingfisher Company Profile

Kingfisher plc (OTCMKTS: KGFHY) is a leading international home improvement retailer headquartered in London, United Kingdom. The company operates a network of stores and digital platforms offering a comprehensive range of do-it-yourself (DIY) and home improvement products. Kingfisher’s business model focuses on delivering value to both retail customers and trade professionals through an integrated omni-channel approach.

The group’s retail banners include B&Q and Screwfix in the UK and Ireland, Castorama and Brico Dépôt in France and Poland, and Koçtaş in Turkey.