Koninklijke KPN (OTCMKTS:KKPNY) Sees Significant Increase in Short Interest

Koninklijke KPN (OTCMKTS:KKPNY - Get Free Report) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 45,100 shares, a growth of 204.7% from the December 15th total of 14,800 shares. Based on an average daily volume of 555,200 shares, the days-to-cover ratio is presently 0.1 days.

Koninklijke KPN Price Performance

Koninklijke KPN stock remained flat at $3.59 during midday trading on Tuesday. The company's stock had a trading volume of 362,049 shares, compared to its average volume of 366,749. Koninklijke KPN has a 1 year low of $3.28 and a 1 year high of $4.22. The firm's 50 day moving average is $3.73 and its 200-day moving average is $3.91.

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.