Short Interest in Koninklijke KPN NV (OTCMKTS:KKPNY) Decreases By 86.9%

Koninklijke KPN NV (OTCMKTS:KKPNY) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 3,003 shares, a drop of 86.9% from the May 31st total of 22,884 shares. Based on an average trading volume of 766,997 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Koninklijke KPN Stock Up 4.0%

Koninklijke KPN stock traded up $0.20 during trading on Friday, reaching $5.24. 681,595 shares of the company’s stock were exchanged, compared to its average volume of 548,657. Koninklijke KPN has a 52-week low of $4.36 and a 52-week high of $5.72. The company’s 50-day moving average is $5.22 and its two-hundred day moving average is $5.15.

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.