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

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

Koninklijke KPN Price Performance

Shares of OTCMKTS KKPNY traded up $0.01 during trading hours on Monday, hitting $5.34. 368,407 shares of the stock were exchanged, compared to its average volume of 294,106. Koninklijke KPN has a one year low of $4.29 and a one year high of $5.72. The company’s 50 day moving average is $5.46 and its 200 day moving average is $5.01.

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.