Short Interest in Rockwool A/S (OTCMKTS:RKWBF) Decreases By 11.6%

Rockwool A/S (OTCMKTS:RKWBF – Get Rating) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 82,800 shares, a drop of 11.6% from the February 13th total of 93,700 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 828.0 days.

Analyst Ratings Changes

RKWBF has been the topic of a number of analyst reports. Morgan Stanley increased their price target on shares of Rockwool A/S from 1,550.00 to 1,650.00 and gave the company an “equal weight” rating in a research report on Friday, November 25th. JPMorgan Chase & Co. upgraded shares of Rockwool A/S from an “underweight” rating to a “neutral” rating in a report on Friday, January 27th. Finally, Handelsbanken downgraded shares of Rockwool A/S from a “buy” rating to a “hold” rating in a report on Tuesday, February 14th. Two investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, Rockwool A/S currently has a consensus rating of “Hold” and a consensus target price of $1,717.50.

Rockwool A/S Trading Down 13.0 %

OTCMKTS RKWBF opened at $233.20 on Monday. Rockwool A/S has a 12-month low of $155.00 and a 12-month high of $471.75. The firm’s 50 day moving average is $253.12 and its 200-day moving average is $216.65.

About Rockwool A/S

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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.