Short Interest in Kingfisher plc (OTCMKTS:KGFHY) Increases By 380.3%

Kingfisher plc (OTCMKTS:KGFHY) was the target of a large increase in short interest in June. As of June 30th, there was short interest totalling 367,900 shares, an increase of 380.3% from the June 15th total of 76,600 shares. Based on an average daily trading volume, of 737,100 shares, the short-interest ratio is currently 0.5 days.

Kingfisher Price Performance

Shares of KGFHY traded up $0.20 during trading hours on Friday, reaching $6.93. The stock had a trading volume of 158,300 shares, compared to its average volume of 299,211. Kingfisher has a 52 week low of $4.80 and a 52 week high of $6.95. The firm has a 50-day moving average of $6.52 and a 200 day moving average of $6.11.

Kingfisher Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 28th. Investors of record on Friday, May 17th were paid a $0.1975 dividend. The ex-dividend date of this dividend was Thursday, May 16th. This is a positive change from Kingfisher’s previous dividend of $0.08.

Kingfisher Company Profile

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.