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

Koninklijke KPN NV (OTCMKTS:KKPNY) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 381,271 shares, an increase 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 trading volume of 1,671,001 shares, the days-to-cover ratio is currently 0.2 days.

Koninklijke KPN Stock Performance

Shares of OTCMKTS KKPNY traded up $0.03 during mid-day trading on Friday, reaching $4.89. The company’s stock had a trading volume of 229,379 shares, compared to its average volume of 724,684. The stock has a fifty day moving average of $5.11 and a two-hundred day moving average of $5.17. Koninklijke KPN has a 52 week low of $4.36 and a 52 week high of $5.72.

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.