Koninklijke KPN NV (OTCMKTS:KKPNY) Short Interest Down 91.1% in April

Koninklijke KPN NV (OTCMKTS:KKPNY) was the target of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 11,783 shares, a decline of 91.1% from the April 15th total of 132,005 shares. Based on an average trading volume of 649,165 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Koninklijke KPN Stock Performance

OTCMKTS KKPNY traded up $0.01 during midday trading on Monday, hitting $5.34. The company had a trading volume of 368,407 shares, compared to its average volume of 294,106. The firm has a fifty day simple moving average of $5.46 and a two-hundred day simple moving average of $5.01. Koninklijke KPN has a fifty-two week low of $4.29 and a fifty-two week high of $5.72.

About Koninklijke KPN

Koninklijke KPN N.V. (KPN) is a Dutch telecommunications and information-communications-technology (ICT) company that provides a broad range of connectivity and digital services. Its core activities include fixed-line and mobile telephony, broadband internet, and television services for residential customers, alongside managed network, cloud, security and unified communications solutions for business and public-sector clients. KPN operates and maintains network infrastructure such as fiber and mobile networks, data centers, and platforms for Internet of Things (IoT) and cybersecurity services.

The company’s primary market is the Netherlands, where it serves households, small and medium-sized enterprises, large corporates and government organizations.