Short Interest in K+S Aktiengesellschaft (OTCMKTS:KPLUF) Declines By 43.6%

K+S Aktiengesellschaft (OTCMKTS:KPLUF) was the target of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 165,169 shares, a decline of 43.6% from the January 15th total of 292,643 shares. Based on an average trading volume of 684 shares, the days-to-cover ratio is presently 241.5 days. Based on an average trading volume of 684 shares, the days-to-cover ratio is presently 241.5 days.

K+S Aktiengesellschaft Trading Up 8.0%

OTCMKTS:KPLUF traded up $1.26 during trading hours on Friday, reaching $16.99. 88 shares of the company’s stock were exchanged, compared to its average volume of 218. K+S Aktiengesellschaft has a 12 month low of $13.04 and a 12 month high of $18.62. The business’s 50-day simple moving average is $14.69 and its two-hundred day simple moving average is $14.26.

Wall Street Analyst Weigh In

Separately, Scotiabank upgraded shares of K+S Aktiengesellschaft to a “hold” rating in a research note 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 company’s stock. According to MarketBeat, K+S Aktiengesellschaft presently has a consensus 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.