Short Interest in KBS Fashion Group Limited (NASDAQ:KBSF) Expands By 76.0%

KBS Fashion Group Limited (NASDAQ:KBSF) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 4,400 shares, an increase of 76.0% from the September 15th total of 2,500 shares. Based on an average daily volume of 37,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.4% of the company’s stock are short sold.

KBS Fashion Group stock opened at $2.32 on Friday. KBS Fashion Group has a fifty-two week low of $0.95 and a fifty-two week high of $4.45.

KBS Fashion Group Company Profile

KBS Fashion Group Limited, a casual menswear company, designs, markets, and sells fashion menswear products in the People's Republic of China. The company operates through three segments: Distribution Network, Corporate Stores, and OEM. It offers apparel products, including cotton and down jackets, sweaters, suits, shirts, T-shirts, jeans, and trousers; accessories, such as shoes, bags, belts, socks, and caps; and footwear for urban males between the ages of 20 and 40 under the KBS brand name.

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