Kingboard Laminates Holdings Limited (OTCMKTS:KGBLY) Short Interest Down 59.4% in June

Kingboard Laminates Holdings Limited (OTCMKTS:KGBLY) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 26 shares, a drop of 59.4% from the June 15th total of 64 shares. Based on an average daily volume of 130 shares, the short-interest ratio is currently 0.2 days.

Kingboard Laminates Price Performance

OTCMKTS:KGBLY remained flat at C$214.10 during trading hours on Tuesday. Kingboard Laminates has a fifty-two week low of C$171.92 and a fifty-two week high of C$214.10. The firm’s fifty day simple moving average is C$133.14 and its 200-day simple moving average is C$72.86.

Kingboard Laminates Company Profile

Kingboard Laminates Holdings Limited, an investment holding company, manufactures and sells laminates in the People's Republic of China, other Asian countries, Europe, and the United States. It operates through Laminates, Properties, and Investments segments. The company offers glass epoxy and paper laminates. It also provides upstream component materials, such as copper foils, glass yarns, glass fabrics, bleached kraft papers, epoxy resins, kraft papers for copper-clad laminates, and PVB. In addition, the company sells and rents properties; trades in copper; and provides hotel accommodation services.