Rockwool A/S (OTCMKTS:RKWBF) Short Interest Update

Rockwool A/S (OTCMKTS:RKWBFGet Rating) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totalling 6,500 shares, a decline of 59.6% from the April 15th total of 16,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 65.0 days.

RKWBF has been the topic of several research reports. JPMorgan Chase & Co. initiated coverage on Rockwool A/S in a report on Thursday, March 17th. They set an “underweight” rating on the stock. Societe Generale cut Rockwool A/S from a “hold” rating to a “sell” rating in a report on Friday, February 11th. Berenberg Bank reduced their target price on Rockwool A/S from 2,800.00 to 2,700.00 and set a “hold” rating on the stock in a report on Thursday, March 3rd. Morgan Stanley reduced their target price on Rockwool A/S from 2,475.00 to 2,385.00 and set an “underweight” rating on the stock in a report on Thursday, January 27th. Finally, Exane BNP Paribas upgraded Rockwool A/S from an “underperform” rating to a “neutral” rating in a report on Wednesday, February 16th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, Rockwool A/S currently has a consensus rating of “Hold” and a consensus price target of $2,781.25.

Rockwool A/S stock opened at $291.75 on Friday. Rockwool A/S has a 52-week low of $291.75 and a 52-week high of $531.25. The stock’s 50 day moving average price is $349.10 and its two-hundred day moving average price is $375.71.

Rockwool A/S Company Profile (Get Rating)

Rockwool A/S manufactures and sells stone wool insulations in Western Europe, Eastern Europe, North America, Asia, and internationally. The company operates through two segments, Insulation and Systems segments. It offers fire-safe stone wool insulation under the ROCKWOOL brand name; fire-safe acoustic ceiling tiles and systems under the Rockfon brand name; board materials that are applied in ventilated constructions for facade cladding, roof detailing, soffits, and fascia under the Rockpanel brand name; stone wool growing media and technology solutions for the horticulture industry under the Grodan brand name; and stone wool-based products used in automotive, urban acoustics, and urban climate adaptation applications under the Lapinus brand name.

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