Rockwool A/S (OTCMKTS:RKWBF) Sees Significant Decline in Short Interest

Rockwool A/S (OTCMKTS:RKWBF) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 6,800 shares, a decline of 22.7% from the October 31st total of 8,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 68.0 days.

Rockwool A/S Price Performance

RKWBF stock remained flat at $441.39 during midday trading on Friday. Rockwool A/S has a 12 month low of $265.00 and a 12 month high of $460.21. The firm has a fifty day simple moving average of $441.47 and a two-hundred day simple moving average of $409.78.

Rockwool A/S Company Profile

Rockwool A/S produces and sells stone wool insulation products 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; acoustic solutions for ceilings and walls under the Rockfon brand name; board materials that are applied in ventilated constructions for facade cladding, soffits, roof detailing, and fascia under the Rockpanel brand name; and rootzone management solutions for controlled environment agriculture under the Grodan brand name.