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

Koninklijke KPN NV (OTCMKTS:KKPNY) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 11,783 shares, a decrease of 91.1% from the April 15th total of 132,005 shares. Based on an average daily volume of 649,165 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Koninklijke KPN Price Performance

KKPNY stock remained flat at $5.33 during trading on Wednesday. 177,744 shares of the company traded hands, compared to its average volume of 521,654. The company has a 50 day simple moving average of $5.46 and a 200-day simple moving average of $5.02. 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.