Short Interest in Koninklijke KPN (OTCMKTS:KKPNY) Rises By 2,187.5%

Koninklijke KPN (OTCMKTS:KKPNY) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 54,900 shares, a growth of 2,187.5% from the October 15th total of 2,400 shares. Based on an average daily volume of 224,800 shares, the short-interest ratio is currently 0.2 days.

Koninklijke KPN Price Performance

Shares of OTCMKTS:KKPNY traded down $0.08 during trading on Thursday, hitting $3.72. The company had a trading volume of 227,100 shares, compared to its average volume of 584,375. Koninklijke KPN has a one year low of $3.28 and a one year high of $4.22. The company has a fifty day simple moving average of $4.04 and a two-hundred day simple moving average of $3.91.

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.