K+S Aktiengesellschaft (OTCMKTS:KPLUF) Shares Shorted: Short Interest Down 52.8% in October

K+S Aktiengesellschaft (OTCMKTS:KPLUF) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 373,812 shares, a decline of 52.8% from the September 30th total of 792,101 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

K+S Aktiengesellschaft Stock Performance

Shares of OTCMKTS KPLUF opened at $14.61 on Friday. K+S Aktiengesellschaft has a one year low of $13.16 and a one year high of $21.20. The business has a 50-day moving average price of $18.78 and a two-hundred day moving average price of $17.66.

Analyst Upgrades and Downgrades

Several brokerages have commented on KPLUF. DZ Bank upgraded shares of K+S Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 13th. Scotiabank upgraded shares of K+S Aktiengesellschaft from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, K+S Aktiengesellschaft has a consensus rating of “Buy”.

K+S Aktiengesellschaft Company Profile

K+S Aktiengesellschaft is a Germany-based mining and chemicals company that produces and markets mineral products for agriculture, industry, food processing and other applications. The company’s principal products include potash fertilizers, magnesium compounds and industrial salts, which are used to support crop nutrition, manufacture chemical products and provide de-icing, water-treatment and food-grade solutions.

K+S operates through two primary business areas: Agriculture, which supplies potassium- and magnesium-based fertilizers, and Industry+, which provides products such as salt and magnesium compounds.