Koninklijke KPN NV (OTCMKTS:KKPNY) Short Interest Update

Koninklijke KPN NV (OTCMKTS:KKPNY) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 18,798 shares, a drop of 97.6% from the July 30th total of 776,474 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 832,012 shares, the days-to-cover ratio is presently 0.0 days.

Koninklijke KPN Stock Up 0.8%

OTCMKTS KKPNY traded up $0.04 during trading hours on Tuesday, hitting $4.76. 299,953 shares of the company’s stock traded hands, compared to its average volume of 725,748. The business’s fifty day moving average price is $4.84 and its two-hundred day moving average price is $5.19. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.62 and a current ratio of 0.64. 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.