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

Klöckner & Co SE (OTCMKTS:KLKNF) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 24,000 shares, a growth of 30.4% from the October 31st total of 18,400 shares. Based on an average daily volume of 3,100 shares, the short-interest ratio is currently 7.7 days.

Klöckner & Co SE Trading Up 4.1 %

Shares of OTCMKTS KLKNF opened at $5.35 on Monday. The stock has a 50 day moving average price of $5.38 and a 200 day moving average price of $5.97. Klöckner & Co SE has a 52-week low of $5.09 and a 52-week high of $7.49.

About Klöckner & Co SE

Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. The company operates through three segments: Kloeckner Metals Americas, 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; aluminum products; and CO2-reduced steel, stainless steel, and aluminum products for building installations, roof and wall construction, and water supply.