Short Interest in Koninklijke KPN NV (OTCMKTS:KKPNY) Declines By 91.1%

Koninklijke KPN NV (OTCMKTS:KKPNY) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 11,783 shares, a decrease of 91.1% from the April 15th total of 132,005 shares. Based on an average daily trading volume, of 649,165 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Koninklijke KPN Price Performance

KKPNY stock traded down $0.02 during midday trading on Tuesday, reaching $5.32. The company’s stock had a trading volume of 278,963 shares, compared to its average volume of 522,667. The business’s 50-day simple moving average is $5.46 and its 200-day simple moving average is $5.01. Koninklijke KPN has a 52 week low of $4.29 and a 52 week high of $5.72.

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.