Kingspan Group plc (OTCMKTS:KGSPF) Sees Significant Decrease in Short Interest

Kingspan Group plc (OTCMKTS:KGSPF) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 105,493 shares, a decrease of 58.1% from the May 14th total of 252,041 shares. Based on an average daily volume of 1,331 shares, the short-interest ratio is presently 79.3 days.

Kingspan Group Price Performance

Kingspan Group stock opened at $94.58 on Friday. Kingspan Group has a fifty-two week low of $71.49 and a fifty-two week high of $103.16. The stock’s fifty day moving average is $90.18 and its two-hundred day moving average is $88.64.

About Kingspan Group

Kingspan Group plc is a global provider of high-performance building materials and envelope solutions. The company specializes in the design, manufacture, and supply of advanced insulation boards, insulated metal and composite panels, roofing and waterproofing systems, and architectural facades. Its offerings extend to climate control units, raised access flooring, daylighting systems, and building management services, targeting energy-efficient construction across residential, commercial, and industrial markets.

Founded in 1965 as Kingspan Insulations Ltd in Kingscourt, County Cavan, Ireland, the company has grown through organic innovation and strategic acquisitions.