Kingboard Laminates Holdings Limited (OTCMKTS:KGBLY) Sees Significant Growth in Short Interest

Kingboard Laminates Holdings Limited (OTCMKTS:KGBLY) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 278 shares, an increase of 546.5% from the September 15th total of 43 shares. Based on an average daily volume of 208 shares, the short-interest ratio is presently 1.3 days.

Kingboard Laminates Price Performance

KGBLY stock remained flat at C$185.11 during trading on Friday. 74 shares of the company’s stock were exchanged, compared to its average volume of 482. The stock has a 50-day simple moving average of C$128.71 and a 200 day simple moving average of C$116.94. Kingboard Laminates has a one year low of C$102.94 and a one year high of C$214.10.

Kingboard Laminates Company Profile

Kingboard Laminates Holdings Limited is a manufacturer of copper-clad laminates and related materials used in the production of printed circuit boards. Its products are important components in electronic devices and systems, supporting applications across consumer electronics, telecommunications, computing, automotive electronics and other industrial markets.

The company’s product portfolio includes laminate materials, prepreg and other printed-circuit-board substrate products. Kingboard Laminates operates within the broader Kingboard group and has developed manufacturing and distribution operations focused primarily on the electronics supply chain in Greater China and other international markets.

Kingboard Laminates is headquartered in Hong Kong and is listed on the Hong Kong Stock Exchange.