Kier Group plc (OTCMKTS:KIERF) Sees Large Increase in Short Interest

Kier Group plc (OTCMKTS:KIERF) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 7,773 shares, a growth of 5,373.9% from the May 31st total of 142 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Kier Group Price Performance

OTCMKTS:KIERF opened at $2.75 on Friday. The firm’s fifty day simple moving average is $2.75 and its 200-day simple moving average is $2.75. Kier Group has a fifty-two week low of $2.29 and a fifty-two week high of $3.33.

Analyst Ratings Changes

Separately, BNP Paribas Exane began coverage on Kier Group in a research note on Monday, April 27th. They issued a “neutral” rating for the company. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Kier Group Company Profile

Kier Group plc is a United Kingdom–based construction and infrastructure services company with a history dating back to its founding in 1928. The company operates through three core divisions—Construction, Services, and Developments—offering a broad range of capabilities across building, civil engineering, facilities management, and property development. Kier’s services span from large-scale public-sector projects such as schools, hospitals, and transportation infrastructure to private-sector commercial and residential developments.

In its Construction arm, Kier provides design, project management and build services for sectors including education, healthcare, energy, and defence.