Koninklijke KPN NV (OTCMKTS:KKPNY) Short Interest Up 259.4% in May

Koninklijke KPN NV (OTCMKTS:KKPNY) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 42,344 shares, an increase of 259.4% from the April 30th total of 11,783 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 671,397 shares, the short-interest ratio is presently 0.1 days.

Koninklijke KPN Trading Down 1.0%

Shares of OTCMKTS:KKPNY traded down $0.05 during midday trading on Friday, reaching $5.15. 107,700 shares of the company’s stock traded hands, compared to its average volume of 495,175. Koninklijke KPN has a one year low of $4.36 and a one year high of $5.72. The stock has a 50 day moving average of $5.41 and a 200 day moving average of $5.08.

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.