Kier Group plc (OTCMKTS:KIERF) Sees Significant Growth in Short Interest

Kier Group plc (OTCMKTS:KIERFGet Free Report) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 36,721 shares, an increase of 60.1% from the August 15th total of 22,934 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Kier Group Stock Performance

KIERF remained flat at $4.13 during trading hours on Thursday. 6,053 shares of the company traded hands, compared to its average volume of 267. The firm has a 50 day moving average of $3.00 and a 200-day moving average of $2.84. Kier Group has a 12 month low of $3.68 and a 12 month high of $4.13.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Kier Group in a report on Wednesday. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Kier Group has an average rating of “Moderate Buy”.

View Our Latest Analysis on Kier Group

About Kier Group

(Get Free Report)

Kier Group plc is a United Kingdom–based construction and infrastructure services company with a history dating back to its founding in 1928. The company operates through three core divisions—Construction, Services, and Developments—offering a broad range of capabilities across building, civil engineering, facilities management, and property development. Kier’s services span from large-scale public-sector projects such as schools, hospitals, and transportation infrastructure to private-sector commercial and residential developments.

In its Construction arm, Kier provides design, project management and build services for sectors including education, healthcare, energy, and defence.

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