K+S Aktiengesellschaft (OTCMKTS:KPLUF) Short Interest Up 19.4% in March

K+S Aktiengesellschaft (OTCMKTS:KPLUF) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 169,064 shares, an increase of 19.4% from the February 26th total of 141,602 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 1,690.6 days.

K+S Aktiengesellschaft Stock Performance

OTCMKTS KPLUF opened at $17.63 on Thursday. The business has a 50 day moving average price of $17.64 and a 200-day moving average price of $15.14. K+S Aktiengesellschaft has a 52 week low of $13.04 and a 52 week high of $21.21.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on KPLUF shares. Scotiabank lowered shares of K+S Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a report on Monday, March 16th. DZ Bank lowered shares of K+S Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a report on Friday, March 13th. Three analysts have rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Strong Sell”.

K+S Aktiengesellschaft Company Profile

K+S Aktiengesellschaft is a Germany-based specialty chemicals and fertilizer company with a primary focus on the extraction and production of potash and salt. The company traces its origins back to the late 19th century, when potassium mining began in the Werra district of central Germany. Today, K+S operates as an independent publicly traded enterprise, leveraging decades of experience in mineral resources to serve agricultural and industrial markets worldwide.

The company’s core business activities include the mining, processing and marketing of potash and magnesium products for use in crop nutrition, as well as the sale of salt for de-icing, water treatment and industrial applications.