Kingspan Group plc (OTCMKTS:KGSPY) Short Interest Down 84.3% in June

Kingspan Group plc (OTCMKTS:KGSPY) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 1,961 shares, a decrease of 84.3% from the June 15th total of 12,504 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 35,301 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Zacks Research raised Kingspan Group to a “hold” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Kingspan Group Stock Up 1.4%

KGSPY traded up $1.27 during mid-day trading on Friday, reaching $91.23. 29,236 shares of the company traded hands, compared to its average volume of 17,904. The stock has a market capitalization of $16.45 billion and a P/E ratio of 160.88. The company’s fifty day moving average price is $91.91 and its 200-day moving average price is $90.15. Kingspan Group has a 52-week low of $71.63 and a 52-week high of $103.26.

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.