Klöckner & Co SE (OTCMKTS:KLKNF – Get Free Report) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 52,814 shares, a growth of 114.8% from the November 30th total of 24,591 shares. Based on an average daily trading volume, of 281 shares, the short-interest ratio is currently 188.0 days. Based on an average daily trading volume, of 281 shares, the short-interest ratio is currently 188.0 days.
Klöckner & Co SE Price Performance
Shares of Klöckner & Co SE stock remained flat at $9.84 during trading on Friday. The firm’s 50-day simple moving average is $7.15 and its 200-day simple moving average is $7.73. Klöckner & Co SE has a 52-week low of $6.10 and a 52-week high of $9.84.
About Klöckner & Co SE
Klöckner & Co SE is a Germany-based international distributor of steel and metal products, offering comprehensive sourcing, supply and value-added services to industrial customers. With a network of service centers and warehouses across Europe and North America, the company specializes in logistics solutions designed to optimize inventory management and reduce delivery times for manufacturers in the automotive, construction, energy, and engineering sectors.
The company’s product portfolio encompasses a broad range of carbon steel, stainless steel, and nonferrous metal materials, including sheet, plate, pipe and tube, rebar, and structural sections.
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