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Short Interest in Kontrol Technologies Corp. (OTCMKTS:KNRLF) Grows By 92.8%

Financial News Live ·  Sep 29, 2022 00:01

Kontrol Technologies Corp. (OTCMKTS:KNRLF – Get Rating) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 18,700 shares, a growth of 92.8% from the August 31st total of 9,700 shares. Based on an average daily volume of 16,700 shares, the short-interest ratio is currently 1.1 days.

Kontrol Technologies Stock Performance

Shares of KNRLF traded down C$0.01 during mid-day trading on Wednesday, reaching C$0.82. 24,700 shares of the company's stock were exchanged, compared to its average volume of 22,303. The business's fifty day simple moving average is C$0.96 and its 200-day simple moving average is C$1.02. Kontrol Technologies has a 52-week low of C$0.78 and a 52-week high of C$2.50.

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Analyst Ratings Changes

Separately, Fundamental Research dropped their price target on shares of Kontrol Technologies from $3.74 to $3.60 and set a "buy" rating on the stock in a research note on Thursday, June 16th.

About Kontrol Technologies

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Kontrol Technologies Corp., through its subsidiaries, provides energy management, emission compliance, and air quality solutions and services in Canada and the United States. It offers turn-key solutions to building owners and asset managers in the commercial, industrial, and multi-residential sector, which include software to analyze the management of heating, cooling, and ventilation (HVAC) systems; design and engineering of improvements and/or retrofits; and ongoing mission critical services.

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