Short Interest in Kingboard Laminates Holdings Limited (OTCMKTS:KGBLY) Decreases By 59.4%

Kingboard Laminates Holdings Limited (OTCMKTS:KGBLY) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 26 shares, a decrease of 59.4% from the June 15th total of 64 shares. Based on an average trading volume of 130 shares, the short-interest ratio is presently 0.2 days.

Kingboard Laminates Price Performance

Shares of OTCMKTS:KGBLY remained flat at C$214.10 on Wednesday. Kingboard Laminates has a fifty-two week low of C$171.92 and a fifty-two week high of C$214.10. The business’s 50-day moving average price is C$136.62 and its 200 day moving average price is C$74.09.

Kingboard Laminates Company Profile

Kingboard Laminates Holdings Limited, an investment holding company, manufactures and sells laminates in the People's Republic of China, other Asian countries, Europe, and the United States. It operates through Laminates, Properties, and Investments segments. The company offers glass epoxy and paper laminates. It also provides upstream component materials, such as copper foils, glass yarns, glass fabrics, bleached kraft papers, epoxy resins, kraft papers for copper-clad laminates, and PVB. In addition, the company sells and rents properties; trades in copper; and provides hotel accommodation services.