K+S Aktiengesellschaft (OTCMKTS:KPLUF) Short Interest Down 16.6% in March

K+S Aktiengesellschaft (OTCMKTS:KPLUF) saw a significant decrease in short interest in March. As of March 31st, there was short interest totaling 141,068 shares, a decrease of 16.6% from the March 15th total of 169,064 shares. Based on an average daily trading volume, of 60 shares, the short-interest ratio is currently 2,351.1 days.

K+S Aktiengesellschaft Stock Performance

Shares of KPLUF opened at $18.15 on Friday. K+S Aktiengesellschaft has a fifty-two week low of $13.04 and a fifty-two week high of $21.21. The firm’s 50-day simple moving average is $18.15 and its two-hundred day simple moving average is $15.55.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Scotiabank downgraded shares of K+S Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research note on Monday, March 16th. DZ Bank cut shares of K+S Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a report on Friday, March 13th. Three investment analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Strong Sell”.

About K+S Aktiengesellschaft

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.