KP Tissue Inc. (OTCMKTS:KPTSF) Short Interest Down 60.0% in April

KP Tissue Inc. (OTCMKTS:KPTSFGet Rating) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 800 shares, a drop of 60.0% from the March 31st total of 2,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 8.0 days.

KPTSF remained flat at $$8.60 during trading on Friday. The stock’s fifty day moving average is $8.41 and its 200-day moving average is $8.31. KP Tissue has a twelve month low of $8.06 and a twelve month high of $8.73.

Separately, Royal Bank of Canada lowered KP Tissue from an “outperform” rating to a “sector perform” rating in a research note on Friday, March 11th. Five analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $10.80.

KP Tissue Company Profile (Get Rating)

KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in Canada and the United States. The company operates through two segments, Consumer and Away-From-Home. It offers bathroom and facial tissues, paper towels, and napkins, as well as manufactures private label tissue products.

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