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

Koninklijke KPN (OTCMKTS:KKPNY) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 299,200 shares, a growth of 11,407.7% from the January 15th total of 2,600 shares. Based on an average daily volume of 1,272,200 shares, the days-to-cover ratio is currently 0.2 days.

Koninklijke KPN Stock Performance

Shares of OTCMKTS KKPNY traded up $0.01 during midday trading on Wednesday, hitting $3.61. The company’s stock had a trading volume of 273,959 shares, compared to its average volume of 598,235. Koninklijke KPN has a 1 year low of $3.38 and a 1 year high of $4.22. The business’s fifty day simple moving average is $3.66 and its two-hundred day simple moving average is $3.87. The company has a current ratio of 0.70, a quick ratio of 0.68 and a debt-to-equity ratio of 1.46.

About Koninklijke KPN

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.