Kingfisher plc (OTCMKTS:KGFHY) Short Interest Update

Kingfisher plc (OTCMKTS:KGFHY - Get Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 97,900 shares, a growth of 70.0% from the April 30th total of 57,600 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 278,900 shares, the days-to-cover ratio is presently 0.4 days.

Analysts Set New Price Targets

KGFHY has been the topic of a number of research analyst reports. Citigroup reissued a "neutral" rating on shares of Kingfisher in a report on Thursday, May 22nd. Barclays lowered shares of Kingfisher from an "equal weight" rating to an "underweight" rating in a research note on Tuesday, May 20th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Kingfisher in a research note on Wednesday, March 26th. Finally, BNP Paribas raised Kingfisher to a "strong sell" rating in a report on Thursday. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold".

Kingfisher Trading Up 1.5%

Shares of KGFHY stock traded up $0.11 during trading hours on Monday, hitting $7.58. The stock had a trading volume of 66,767 shares, compared to its average volume of 172,686. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.26 and a quick ratio of 0.30. The stock's 50 day moving average is $7.33 and its 200 day moving average is $6.68. Kingfisher has a twelve month low of $5.47 and a twelve month high of $8.80.

Kingfisher Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, July 3rd. Investors of record on Monday, May 26th will be paid a dividend of $0.203 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a yield of 3.44%. This is a boost from Kingfisher's previous dividend of $0.09.

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.