Short Interest in Klöckner & Co SE (OTCMKTS:KLKNF) Declines By 78.1%

Klöckner & Co SE (OTCMKTS:KLKNF) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totalling 2,500 shares, a drop of 78.1% from the November 30th total of 11,400 shares. Based on an average trading volume of 2,000 shares, the days-to-cover ratio is presently 1.3 days.

Klöckner & Co SE Price Performance

Shares of OTCMKTS KLKNF remained flat at $4.35 during trading on Thursday. Klöckner & Co SE has a 52-week low of $5.09 and a 52-week high of $7.49. The business has a fifty day moving average of $5.30 and a 200 day moving average of $5.70.

Klöckner & Co SE Company Profile

Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. The company operates through three segments: Kloeckner Metals Americas, Kloeckner Metals EU, and Kloeckner Metals Non-EU. It offers flat steel products; long steel products; tubes and hollow sections; stainless steel and high-grade steel; aluminum products; and CO2-reduced steel, stainless steel, and aluminum products for building installations, roof and wall construction, and water supply.