Koninklijke KPN NV (OTCMKTS:KKPNY) Sees Significant Growth in Short Interest

Koninklijke KPN NV (OTCMKTS:KKPNY) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 45,257 shares, a growth of 63.2% from the November 30th total of 27,731 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,197,817 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 1,197,817 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Koninklijke KPN Stock Performance

KKPNY stock traded down $0.03 during midday trading on Friday, reaching $4.70. The company’s stock had a trading volume of 241,686 shares, compared to its average volume of 1,247,689. The stock has a fifty day simple moving average of $4.58 and a two-hundred day simple moving average of $4.68. Koninklijke KPN has a 1 year low of $3.51 and a 1 year high of $4.96.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. (KPN) is a Dutch telecommunications and information-communications-technology (ICT) company that provides a broad range of connectivity and digital services. Its core activities include fixed-line and mobile telephony, broadband internet, and television services for residential customers, alongside managed network, cloud, security and unified communications solutions for business and public-sector clients. KPN operates and maintains network infrastructure such as fiber and mobile networks, data centers, and platforms for Internet of Things (IoT) and cybersecurity services.

The company’s primary market is the Netherlands, where it serves households, small and medium-sized enterprises, large corporates and government organizations.