Kingfisher PLC (OTCMKTS:KGFHY) Short Interest Update

Kingfisher PLC (OTCMKTS:KGFHY) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 353,604 shares, a growth of 84.9% from the April 30th total of 191,205 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 273,319 shares, the short-interest ratio is presently 1.3 days.

Kingfisher Stock Down 0.6%

Shares of KGFHY stock opened at $7.59 on Thursday. Kingfisher has a 12-month low of $6.53 and a 12-month high of $10.17. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.21 and a quick ratio of 0.27. The firm has a 50-day moving average price of $7.81 and a 200 day moving average price of $8.37.

Wall Street Analysts Forecast Growth

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

Kingfisher Company Profile

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.