Kingspan Group plc (OTCMKTS:KGSPY) Short Interest Update

Kingspan Group plc (OTCMKTS:KGSPY) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 544 shares, a decrease of 77.2% from the July 15th total of 2,385 shares. Based on an average trading volume of 32,965 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Kingspan Group Price Performance

Shares of Kingspan Group stock traded down $1.93 during trading on Friday, reaching $116.70. 17,850 shares of the company’s stock were exchanged, compared to its average volume of 16,435. Kingspan Group has a 1-year low of $71.63 and a 1-year high of $120.08. The firm’s 50-day moving average price is $94.97 and its 200 day moving average price is $91.93.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Kingspan Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Kingspan Group has a consensus rating of “Strong Buy”.

Kingspan Group Company Profile

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.