Koninklijke KPN NV (OTCMKTS:KKPNY) Short Interest Up 12,596.3% in June

Koninklijke KPN NV (OTCMKTS:KKPNY) saw a significant 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 daily volume of 1,671,001 shares, the short-interest ratio is presently 0.2 days.

Koninklijke KPN Trading Up 0.6%

Shares of OTCMKTS:KKPNY traded up $0.03 during midday trading on Friday, hitting $4.89. 229,379 shares of the stock were exchanged, compared to its average volume of 532,232. Koninklijke KPN has a twelve month low of $4.36 and a twelve month high of $5.72. The company has a 50 day moving average price of $5.11 and a 200-day moving average price of $5.17.

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.