Kier Group plc (OTCMKTS:KIERF) Short Interest Update

Kier Group plc (OTCMKTS:KIERF) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 36,721 shares, a growth of 60.1% from the August 15th total of 22,934 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Kier Group Price Performance

OTCMKTS:KIERF opened at $4.13 on Friday. Kier Group has a twelve month low of $3.68 and a twelve month high of $4.13. The business has a 50 day moving average price of $3.03 and a two-hundred day moving average price of $2.85.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Kier Group in a report on Wednesday. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

About Kier Group

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.