Kingfisher PLC (OTCMKTS:KGFHY) Short Interest Up 84.9% in May

by · The Markets Daily

Kingfisher PLC (OTCMKTS:KGFHY – Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 353,604 shares, an increase of 84.9% from the April 30th total of 191,205 shares. Based on an average daily trading volume, of 273,319 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.0% of the shares of the company are short sold.

Kingfisher Stock Down 3.2%

Shares of OTCMKTS KGFHY opened at $7.48 on Tuesday. Kingfisher has a 52-week low of $6.53 and a 52-week high of $10.17. The firm has a fifty day moving average of $7.82 and a 200-day moving average of $8.38. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.21 and a quick ratio of 0.27.

Analyst Ratings Changes

Separately, Barclays raised Kingfisher from an “underweight” rating to an “equal weight” rating in a report on Monday, April 27th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold”.

Read Our Latest Stock Report on KGFHY

Kingfisher Company Profile

(Get Free Report)

Kingfisher plc (OTCMKTS: KGFHY) is a leading international home improvement retailer headquartered in London, United Kingdom. The company operates a network of stores and digital platforms offering a comprehensive range of do-it-yourself (DIY) and home improvement products. Kingfisher’s business model focuses on delivering value to both retail customers and trade professionals through an integrated omni-channel approach.

The group’s retail banners include B&Q and Screwfix in the UK and Ireland, Castorama and Brico Dépôt in France and Poland, and Koçtaş in Turkey.

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