Koninklijke KPN (OTCMKTS:KKPNF) Short Interest Down 26.9% in December

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 3,516,300 shares, a decrease of 26.9% from the November 30th total of 4,810,700 shares. Based on an average daily trading volume, of 37,600 shares, the days-to-cover ratio is presently 93.5 days.

Analyst Upgrades and Downgrades

Separately, Barclays lowered Koninklijke KPN from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, December 10th.

Koninklijke KPN Stock Up -0.1 %

Shares of OTCMKTS:KKPNF traded up $0.16 on Friday, hitting $3.64. 5,031 shares of the company traded hands, compared to its average volume of 45,635. Koninklijke KPN has a 52 week low of $3.32 and a 52 week high of $4.32. The stock has a 50 day simple moving average of $3.83 and a 200-day simple moving average of $3.93. The company has a market cap of $15.29 billion, a PE ratio of 18.20 and a beta of 0.37. The company has a quick ratio of 0.68, a current ratio of 0.70 and a debt-to-equity ratio of 1.46.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.