Kingboard Laminates Holdings Limited (OTCMKTS:KGBLY) Sees Large Increase in Short Interest

Kingboard Laminates Holdings Limited (OTCMKTS:KGBLY) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 64 shares, a growth of ? from the May 31st total of 0 shares. Based on an average trading volume of 433 shares, the days-to-cover ratio is currently 0.1 days.

Kingboard Laminates Price Performance

Shares of KGBLY stock remained flat at C$214.10 during trading hours on Thursday. The firm has a 50-day moving average price of C$105.30 and a two-hundred day moving average price of C$63.06. Kingboard Laminates has a one year low of C$171.92 and a one year high of C$214.10.

About Kingboard Laminates

Kingboard Laminates Holdings Limited, an investment holding company, manufactures and sells laminates in the People's Republic of China, other Asian countries, Europe, and the United States. It operates through Laminates, Properties, and Investments segments. The company offers glass epoxy and paper laminates. It also provides upstream component materials, such as copper foils, glass yarns, glass fabrics, bleached kraft papers, epoxy resins, kraft papers for copper-clad laminates, and PVB. In addition, the company sells and rents properties; trades in copper; and provides hotel accommodation services.