K+S Aktiengesellschaft (OTCMKTS:KPLUY) Sees Large Increase in Short Interest

K+S Aktiengesellschaft (OTCMKTS:KPLUY) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 1,171 shares, a growth of 92.3% from the May 14th total of 609 shares. Based on an average trading volume of 5,479 shares, the short-interest ratio is presently 0.2 days.

K+S Aktiengesellschaft Trading Up 0.8%

OTCMKTS KPLUY traded up $0.06 during trading on Monday, hitting $8.00. The stock had a trading volume of 1,693 shares, compared to its average volume of 5,394. The company’s 50-day moving average price is $8.87 and its two-hundred day moving average price is $8.41. K+S Aktiengesellschaft has a 12 month low of $6.24 and a 12 month high of $10.67.

About K+S Aktiengesellschaft

K+S Aktiengesellschaft is a Germany-based company specializing in the production and distribution of mineral fertilizers and industrial salts. Headquartered in Kassel, the company operates a network of mining and processing facilities that extract potash, magnesium salts and rock salt from underground deposits. Its core business centers on supplying crop nutrients that enhance soil fertility, help increase agricultural yields and support sustainable farming practices.

The company’s product portfolio includes potash fertilizers, magnesium-containing fertilizers, specialty fertilizers for precision agriculture, and industrial salts used in a range of applications such as de-icing, water treatment and chemical manufacturing.