Kingfisher PLC (OTCMKTS:KGFHY) Short Interest Up 72.0% in July

Kingfisher PLC (OTCMKTS:KGFHY) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 137,545 shares, an increase of 72.0% from the July 15th total of 79,947 shares. Based on an average daily trading volume, of 317,916 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Kingfisher Stock Down 0.3%

OTCMKTS KGFHY traded down $0.03 during trading hours on Tuesday, hitting $8.70. 313,884 shares of the company’s stock were exchanged, compared to its average volume of 128,713. The stock has a 50-day simple moving average of $7.94 and a 200 day simple moving average of $8.23. Kingfisher has a 1-year low of $6.53 and a 1-year high of $10.17. The company has a current ratio of 1.21, a quick ratio of 0.27 and a debt-to-equity ratio of 0.02.

Wall Street Analyst Weigh In

Separately, Barclays upgraded shares of 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 given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold”.

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.