Kingfisher plc (OTCMKTS:KGFHY) Short Interest Down 65.5% in March

Kingfisher plc (OTCMKTS:KGFHY - Get Free Report) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 58,400 shares, a drop of 65.5% from the March 15th total of 169,500 shares. Based on an average daily volume of 293,400 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company's shares are short sold.

Analysts Set New Price Targets

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

Kingfisher Price Performance

KGFHY stock traded up $0.15 during trading on Friday, reaching $7.07. The company had a trading volume of 49,548 shares, compared to its average volume of 190,537. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.26 and a quick ratio of 0.30. Kingfisher has a 52 week low of $5.47 and a 52 week high of $8.80. The business has a 50 day moving average of $6.56 and a 200 day moving average of $6.71.

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.