K+S Aktiengesellschaft (OTCMKTS:KPLUF) Sees Significant Decline in Short Interest

K+S Aktiengesellschaft (OTCMKTS:KPLUF) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 582,317 shares, a decrease of 21.0% from the November 30th total of 736,739 shares. Based on an average daily trading volume, of 217 shares, the days-to-cover ratio is currently 2,683.5 days. Based on an average daily trading volume, of 217 shares, the days-to-cover ratio is currently 2,683.5 days.

K+S Aktiengesellschaft Price Performance

Shares of OTCMKTS KPLUF opened at $14.25 on Tuesday. K+S Aktiengesellschaft has a fifty-two week low of $11.96 and a fifty-two week high of $18.62. The business has a fifty day moving average price of $13.79 and a two-hundred day moving average price of $14.87.

Wall Street Analysts Forecast Growth

Separately, Scotiabank raised shares of K+S Aktiengesellschaft to a “hold” rating in a research report on Friday, November 28th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Reduce”.

About K+S Aktiengesellschaft

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.