K+S Aktiengesellschaft (OTCMKTS:KPLUF) Short Interest Update

K+S Aktiengesellschaft (OTCMKTS:KPLUF) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 117,737 shares, a decline of 16.5% from the March 31st total of 141,068 shares. Based on an average trading volume of 116 shares, the short-interest ratio is presently 1,015.0 days.

K+S Aktiengesellschaft Stock Performance

KPLUF stock opened at $18.15 on Friday. The firm has a 50 day simple moving average of $18.42 and a 200 day simple moving average of $15.82. K+S Aktiengesellschaft has a 52 week low of $13.04 and a 52 week high of $21.21.

Analyst Upgrades and Downgrades

KPLUF has been the topic of a number of research analyst reports. DZ Bank raised K+S Aktiengesellschaft from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 22nd. Scotiabank cut K+S Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research note on Monday, March 16th. One research analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, K+S Aktiengesellschaft currently has an average rating of “Sell”.

K+S Aktiengesellschaft Company Profile

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.