Kier Group plc (OTCMKTS:KIERF) Sees Significant Decline in Short Interest

Kier Group plc (OTCMKTS:KIERF) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 97 shares, a drop of 98.8% from the June 15th total of 7,773 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Kier Group Stock Performance

Shares of KIERF remained flat at $2.75 during mid-day trading on Friday. The firm has a 50-day moving average of $2.75 and a two-hundred day moving average of $2.75. Kier Group has a 52 week low of $2.29 and a 52 week high of $3.33.

Analyst Upgrades and Downgrades

Separately, BNP Paribas Exane assumed coverage on shares of Kier Group in a research report on Monday, April 27th. They set a “neutral” rating on the stock. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average 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.