K+S Aktiengesellschaft (OTCMKTS:KPLUF) Short Interest Update

K+S Aktiengesellschaft (OTCMKTS:KPLUF) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totaling 117,737 shares, a decrease of 16.5% from the March 31st total of 141,068 shares. Based on an average daily trading volume, of 116 shares, the days-to-cover ratio is presently 1,015.0 days.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Scotiabank cut K+S Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research note on Monday, March 16th. DZ Bank upgraded K+S Aktiengesellschaft from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 22nd. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

K+S Aktiengesellschaft Stock Performance

Shares of KPLUF stock opened at $18.15 on Friday. K+S Aktiengesellschaft has a 12 month low of $13.04 and a 12 month high of $21.21. The stock has a 50 day moving average of $18.42 and a 200-day moving average of $15.82.

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.