Klöckner & Co SE (OTCMKTS:KLKNF) Shares Shorted: Short Interest Down 96.8% in September

Klöckner & Co SE (OTCMKTS:KLKNF) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 2,141 shares, a decrease of 96.8% from the September 15th total of 67,535 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ? days.

Klöckner & Co SE Price Performance

KLKNF remained flat at $15.15 during trading hours on Friday. The business’s 50 day simple moving average is $14.35 and its two-hundred day simple moving average is $14.10. Klöckner & Co SE has a 52 week low of $6.10 and a 52 week high of $15.15.

Klöckner & Co SE Company Profile

Klöckner & Co SE is a Germany-based steel and metals distributor serving industrial and commercial customers. The company supplies carbon steel, stainless steel and other non-ferrous metals in forms such as sheet, plate, bars, sections, tubes and pipes. Its customer base includes companies in construction, mechanical engineering, automotive, energy and other manufacturing industries.

In addition to distributing metals, Klöckner & Co provides value-added services including cutting, slitting, sawing, machining, surface treatment, inventory management and logistics.