K+S Aktiengesellschaft (OTCMKTS:KPLUY) Short Interest Up 271.4% in April

K+S Aktiengesellschaft (OTCMKTS:KPLUYGet Rating) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 10,400 shares, a growth of 271.4% from the March 31st total of 2,800 shares. Based on an average daily trading volume, of 20,800 shares, the short-interest ratio is presently 0.5 days.

Shares of KPLUY opened at $16.33 on Thursday. The stock has a fifty day moving average price of $14.98 and a 200-day moving average price of $11.13. K+S Aktiengesellschaft has a 12 month low of $5.49 and a 12 month high of $19.26.

Several research analysts have weighed in on the company. Citigroup boosted their price objective on K+S Aktiengesellschaft to €17.30 ($18.60) in a research report on Thursday, February 10th. DZ Bank lowered K+S Aktiengesellschaft from a “buy” rating to a “hold” rating and set a €37.00 ($39.78) target price on the stock. in a research note on Wednesday, April 20th. Deutsche Bank Aktiengesellschaft upped their target price on K+S Aktiengesellschaft from €22.00 ($23.66) to €37.00 ($39.78) in a research note on Thursday, April 14th. Berenberg Bank lowered K+S Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Monday, March 14th. Finally, Baader Bank upgraded K+S Aktiengesellschaft to a “buy” rating in a report on Tuesday, March 15th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $29.13.

K+S Aktiengesellschaft Company Profile (Get Rating)

K+S Aktiengesellschaft, together with its subsidiaries, operates as a supplier of mineral products for the agricultural, industrial, consumer, and community segments worldwide. It operates through Agriculture, and Industry+ segments. The Agriculture segment offers potassium chloride for important crops, such as cereals, corn, rice, and soybeans; and fertilizer specialties that are used for crops for magnesium and sulfur, including rapeseed or potatoes, as well as for chloride-sensitive crops consisting of citrus fruits, grapes, or vegetables.

Read More

Receive News & Ratings for K+S Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for K+S Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.