K+S Aktiengesellschaft (OTCMKTS:KPLUF) Short Interest Update

K+S Aktiengesellschaft (OTCMKTS:KPLUF) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 884,857 shares, an increase of 94.7% from the June 30th total of 454,564 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ? days.

K+S Aktiengesellschaft Stock Performance

Shares of KPLUF remained flat at $16.04 on Friday. K+S Aktiengesellschaft has a 52 week low of $13.04 and a 52 week high of $21.20. The business’s 50-day moving average price is $16.98 and its 200-day moving average price is $17.28.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. DZ Bank upgraded shares of K+S Aktiengesellschaft from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 22nd. Scotiabank raised shares of K+S Aktiengesellschaft from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

About K+S Aktiengesellschaft

K+S Aktiengesellschaft is a Germany-based specialty chemicals and fertilizer company with a primary focus on the extraction and production of potash and salt. The company traces its origins back to the late 19th century, when potassium mining began in the Werra district of central Germany. Today, K+S operates as an independent publicly traded enterprise, leveraging decades of experience in mineral resources to serve agricultural and industrial markets worldwide.

The company’s core business activities include the mining, processing and marketing of potash and magnesium products for use in crop nutrition, as well as the sale of salt for de-icing, water treatment and industrial applications.