Klöckner & Co SE (OTCMKTS:KLKNF) Sees Significant Decrease in Short Interest

Klöckner & Co SE (OTCMKTS:KLKNF) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 3,200 shares, a decrease of 68.0% from the August 15th total of 10,000 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is presently 1.8 days.

Klöckner & Co SE Price Performance

Shares of Klöckner & Co SE stock remained flat at $5.47 during trading on Friday. The firm has a 50-day moving average price of $5.60 and a 200-day moving average price of $6.78. Klöckner & Co SE has a 1-year low of $5.09 and a 1-year high of $7.49.

Klöckner & Co SE Company Profile

Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. The company operates through three segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU. It offers flat steel products; long steel products; tubes and hollow sections; stainless steel and high-grade steel; and aluminum products for building installations, roof and wall construction, and water supply.