Kingspan Group plc (OTCMKTS:KGSPY – Get Free Report) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 5,700 shares, a growth of 280.0% from the August 31st total of 1,500 shares. Based on an average daily volume of 49,100 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 49,100 shares, the short-interest ratio is presently 0.1 days.
Kingspan Group Trading Up 1.3%
OTCMKTS KGSPY opened at $85.93 on Friday. The business’s fifty day moving average is $81.31 and its 200 day moving average is $83.39. Kingspan Group has a fifty-two week low of $65.86 and a fifty-two week high of $94.26.
Kingspan Group Cuts Dividend
The firm also recently declared a dividend, which will be paid on Monday, October 27th. Shareholders of record on Monday, September 8th will be issued a dividend of $0.1687 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a yield of 45.0%.
About Kingspan Group
Kingspan Group plc, together with its subsidiaries, provides insulation and building envelope solutions in Western and Southern Europe, Central and Northern Europe, the Americas, and internationally. It operates through five segments: Insulated Panels, Insulation, Roofing + Waterproofing, Light, Air + Water, and Data + Flooring.
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