The stock of Kapstone Paper and Packaging Cor (NYSE:KS) registered an increase of 0.64% in short interest. KSs total short interest was 4.12 million shares in May as published by FINRA. Its up 0.64% from 4.09 million shares, reported previously. With 979,500 shares average volume, it will take short sellers 4 days to cover their KSs short positions. The short interest to Kapstone Paper and Packaging Cors float is 4.67%. The stock increased 1.66% or $0.26 on April 29, hitting $15.89. KapStone Paper and Packaging Corp. (NYSE:KS) has declined 10.63% since September 24, 2015 and is downtrending. It has underperformed by 17.52% the S&P500.
KapStone Paper and Packaging Corporation is engaged in manufacture and sale of containerboard, corrugated products and specialty paper for industrial and consumer markets. The company has a market cap of $1.56 billion. Containerboard, consisting of linerboard and corrugated medium, is used to manufacture corrugated containers for packaging products. It has a 16.08 P/E ratio. The Firm produces three general categories of kraft paper: Multiwall paper; Specialty products and Lightweight paper.
Out of 9 analysts covering Kapstone Paper And Packaging Corp. (NYSE:KS), 6 rate it a Buy, 2 Sell, while 3 Hold. This means 55% are positive. Kapstone Paper And Packaging Corp. has been the topic of 16 analyst reports since August 4, 2015 according to StockzIntelligence Inc.
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