K+S Aktiengesellschaft (OTCMKTS:KPLUF) Sees Significant Decrease in Short Interest

K+S Aktiengesellschaft (OTCMKTS:KPLUF) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 582,317 shares, a decrease of 21.0% from the November 30th total of 736,739 shares. Based on an average daily volume of 217 shares, the short-interest ratio is presently 2,683.5 days. Based on an average daily volume of 217 shares, the short-interest ratio is presently 2,683.5 days.

K+S Aktiengesellschaft Trading Up 1.8%

KPLUF traded up $0.25 during trading on Wednesday, hitting $14.50. The company’s stock had a trading volume of 520 shares, compared to its average volume of 831. The firm’s 50 day moving average price is $13.80 and its 200-day moving average price is $14.85. K+S Aktiengesellschaft has a twelve month low of $11.96 and a twelve month high of $18.62.

Wall Street Analysts Forecast Growth

Separately, Scotiabank raised shares of K+S Aktiengesellschaft to a “hold” rating in a report on Friday, November 28th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce”.

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.