Kingfisher plc (OTCMKTS:KGFHY – Get Free Report) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 76,600 shares, a growth of 47.0% from the May 31st total of 52,100 shares. Based on an average daily volume of 129,600 shares, the days-to-cover ratio is presently 0.6 days.
Kingfisher Stock Performance
OTCMKTS KGFHY traded down $0.06 during trading hours on Friday, reaching $6.26. The company’s stock had a trading volume of 222,649 shares, compared to its average volume of 221,125. Kingfisher has a 1-year low of $4.80 and a 1-year high of $6.91. The company’s 50-day moving average is $6.45 and its two-hundred day moving average is $6.09.
Kingfisher Increases Dividend
The company also recently announced a dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, May 17th were issued a dividend of $0.1975 per share. The ex-dividend date of this dividend was Thursday, May 16th. This is a boost from Kingfisher’s previous dividend of $0.08.
About Kingfisher
Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. The company also offers property investment, finance, digital, sourcing, and IT services. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands.
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