Klöckner & Co SE (OTCMKTS:KLKNF) Short Interest Up 64.6% in February

Klöckner & Co SE (OTCMKTS:KLKNF) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 74,433 shares, a growth of 64.6% from the February 12th total of 45,218 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Klöckner & Co SE Trading Up 0.2%

OTCMKTS KLKNF opened at $13.60 on Friday. Klöckner & Co SE has a 52 week low of $6.10 and a 52 week high of $13.60. The company has a 50 day moving average price of $12.45 and a 200 day moving average price of $9.23.

About Klöckner & Co SE

Klöckner & Co SE is a Germany-based international distributor of steel and metal products, offering comprehensive sourcing, supply and value-added services to industrial customers. With a network of service centers and warehouses across Europe and North America, the company specializes in logistics solutions designed to optimize inventory management and reduce delivery times for manufacturers in the automotive, construction, energy, and engineering sectors.

The company’s product portfolio encompasses a broad range of carbon steel, stainless steel, and nonferrous metal materials, including sheet, plate, pipe and tube, rebar, and structural sections.