Short Interest in Kingfisher plc (OTCMKTS:KGFHY) Increases By 169.9%

Kingfisher plc (OTCMKTS:KGFHY - Get Free Report) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 169,500 shares, a growth of 169.9% from the February 28th total of 62,800 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 207,200 shares, the days-to-cover ratio is currently 0.8 days.

Analyst Upgrades and Downgrades

KGFHY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Kingfisher in a research note on Wednesday, March 26th. Citigroup reiterated a "neutral" rating on shares of Kingfisher in a research note on Wednesday, March 26th.

Kingfisher Stock Up 1.1 %

Shares of KGFHY traded up $0.07 during trading hours on Monday, reaching $6.59. 77,168 shares of the stock traded hands, compared to its average volume of 133,007. Kingfisher has a 52 week low of $5.47 and a 52 week high of $8.80. The stock has a fifty day simple moving average of $6.33 and a 200 day simple moving average of $6.89. The company has a quick ratio of 0.30, a current ratio of 1.26 and a debt-to-equity ratio of 0.01.

About Kingfisher

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.