Short Interest in Klöckner & Co SE (OTCMKTS:KLKNF) Rises By 114.8%

Klöckner & Co SE (OTCMKTS:KLKNFGet Free Report) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 52,814 shares, a growth of 114.8% from the November 30th total of 24,591 shares. Based on an average daily volume of 281 shares, the short-interest ratio is currently 188.0 days. Based on an average daily volume of 281 shares, the short-interest ratio is currently 188.0 days.

Klöckner & Co SE Stock Performance

Shares of OTCMKTS KLKNF remained flat at $9.84 during trading hours on Friday. The firm has a 50 day simple moving average of $7.15 and a two-hundred day simple moving average of $7.73. Klöckner & Co SE has a 1 year low of $6.10 and a 1 year high of $9.84.

About Klöckner & Co SE

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Klöckner & Co SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Klöckner & Co SE and related companies with MarketBeat.com's FREE daily email newsletter.