Koninklijke KPN NV (OTCMKTS:KKPNY) Sees Large Increase in Short Interest

Koninklijke KPN NV (OTCMKTS:KKPNY) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 381,271 shares, a growth of 12,596.3% from the June 15th total of 3,003 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,671,001 shares, the days-to-cover ratio is presently 0.2 days.

Koninklijke KPN Trading Up 0.6%

Shares of KKPNY stock traded up $0.03 on Friday, reaching $4.89. The company’s stock had a trading volume of 229,379 shares, compared to its average volume of 724,684. The stock’s fifty day simple moving average is $5.11 and its 200-day simple moving average is $5.17. Koninklijke KPN has a 1 year low of $4.36 and a 1 year high of $5.72.

Koninklijke KPN Company Profile

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.