Kingspan Group plc (OTCMKTS:KGSPY) Short Interest Up 976.6% in April

Kingspan Group plc (OTCMKTS:KGSPY) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 7,622 shares, a growth of 976.6% from the April 15th total of 708 shares. Based on an average daily volume of 20,705 shares, the short-interest ratio is currently 0.4 days.

Kingspan Group Price Performance

KGSPY traded down $0.59 during trading hours on Wednesday, reaching $88.99. 24,130 shares of the stock traded hands, compared to its average volume of 18,837. Kingspan Group has a fifty-two week low of $71.63 and a fifty-two week high of $103.26. The firm’s fifty day simple moving average is $88.81 and its two-hundred day simple moving average is $87.04.

Kingspan Group Company Profile

Kingspan Group plc is a global leader in high-performance insulation and building envelope solutions. Founded in 1965 and headquartered in Kingscourt, Ireland, the company develops, manufactures and supplies a broad range of products designed to improve building energy efficiency, airtightness and overall sustainability. Kingspan’s core offerings include insulated wall, roof and floor panels, rigid insulation boards, and advanced glazing systems, alongside integrated water and energy management technologies such as rainwater harvesting and solar thermal solutions.

Over the decades, Kingspan has expanded its expertise beyond insulation, adding innovative façade systems, structural framing, and daylighting solutions to its portfolio.