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

K+S Aktiengesellschaft (OTCMKTS:KPLUF) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 141,602 shares, a growth of 41.4% from the February 12th total of 100,163 shares. Based on an average daily volume of 33 shares, the short-interest ratio is currently 4,291.0 days. Based on an average daily volume of 33 shares, the short-interest ratio is currently 4,291.0 days.

Analysts Set New Price Targets

Separately, Scotiabank upgraded shares of K+S Aktiengesellschaft to a “hold” rating in a research note on Friday, November 28th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce”.

K+S Aktiengesellschaft Price Performance

Shares of OTCMKTS KPLUF traded down $0.83 during midday trading on Friday, hitting $20.25. 199 shares of the company’s stock were exchanged, compared to its average volume of 178. The firm’s fifty day simple moving average is $16.26 and its 200-day simple moving average is $14.64. K+S Aktiengesellschaft has a twelve month low of $13.04 and a twelve month high of $21.21.

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.