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

Koninklijke KPN (OTCMKTS:KKPNY) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 2,400 shares, a drop of 90.3% from the September 30th total of 24,700 shares. Based on an average daily trading volume, of 211,800 shares, the days-to-cover ratio is presently 0.0 days.

Koninklijke KPN Stock Performance

OTCMKTS KKPNY traded down $0.06 on Friday, hitting $4.04. 138,531 shares of the company’s stock traded hands, compared to its average volume of 574,069. The firm’s 50-day moving average price is $4.07 and its two-hundred day moving average price is $3.88. Koninklijke KPN has a 1-year low of $3.28 and a 1-year high of $4.22.

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.