Kingspan Group plc (OTCMKTS:KGSPY) Short Interest Update

Kingspan Group plc (OTCMKTS:KGSPY) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 10,300 shares, a decrease of 89.7% from the February 28th total of 100,100 shares. Based on an average daily volume of 139,800 shares, the short-interest ratio is currently 0.1 days.

Kingspan Group Trading Down 1.0 %

Kingspan Group stock traded down $0.85 during mid-day trading on Wednesday, hitting $83.65. 6,012 shares of the company’s stock were exchanged, compared to its average volume of 47,932. Kingspan Group has a 1-year low of $65.86 and a 1-year high of $99.85. The stock has a 50 day moving average of $78.11 and a two-hundred day moving average of $80.27.

Kingspan Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, April 11th will be issued a dividend of $0.309 per share. This is a positive change from Kingspan Group’s previous dividend of $0.17. The ex-dividend date of this dividend is Friday, April 11th.

Kingspan Group Company Profile

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.