Kingfisher plc (OTCMKTS:KGFHY) Short Interest Up 111.6% in December

Kingfisher plc (OTCMKTS:KGFHY - Get Free Report) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 36,600 shares, a growth of 111.6% from the December 15th total of 17,300 shares. Based on an average daily volume of 305,000 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on KGFHY shares. Barclays upgraded Kingfisher to a "hold" rating in a research note on Friday, September 27th. UBS Group raised Kingfisher from a "strong sell" rating to a "hold" rating in a research note on Monday, September 23rd.

Kingfisher Price Performance

OTCMKTS:KGFHY traded up $0.26 on Thursday, reaching $5.80. 171,487 shares of the stock traded hands, compared to its average volume of 199,368. The company has a quick ratio of 0.30, a current ratio of 1.26 and a debt-to-equity ratio of 0.01. Kingfisher has a 12 month low of $5.26 and a 12 month high of $8.80. The company's fifty day simple moving average is $6.48 and its 200 day simple moving average is $7.16.

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.

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