Short Interest in Kingfisher plc (OTCMKTS:KGFHY) Declines By 65.5%

Kingfisher plc (OTCMKTS:KGFHY - Get Free Report) was the target of a large decline in short interest in March. As of March 31st, there was short interest totalling 58,400 shares, a decline of 65.5% from the March 15th total of 169,500 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 293,400 shares, the short-interest ratio is presently 0.2 days.

Analyst Ratings Changes

A number of analysts recently issued reports on KGFHY shares. Citigroup reiterated a "neutral" rating on shares of Kingfisher in a research note on Wednesday, March 26th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Kingfisher in a research note on Wednesday, March 26th.

Kingfisher Stock Performance

Shares of Kingfisher stock traded up $0.15 on Friday, hitting $7.07. The stock had a trading volume of 49,548 shares, compared to its average volume of 190,537. Kingfisher has a one year low of $5.47 and a one year high of $8.80. The company has a quick ratio of 0.30, a current ratio of 1.26 and a debt-to-equity ratio of 0.01. The stock's 50-day simple moving average is $6.56 and its two-hundred day simple moving average is $6.72.

Kingfisher Company Profile

Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands. The company sells its products through stores and e-commerce channels.