Short Interest in Koninklijke KPN (OTCMKTS:KKPNY) Rises By 204.7%

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

Koninklijke KPN Price Performance

KKPNY traded down $0.05 during trading on Thursday, reaching $3.68. 278,399 shares of the company’s stock were exchanged, compared to its average volume of 343,695. The company’s fifty day simple moving average is $3.70 and its 200-day simple moving average is $3.89. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.68 and a current ratio of 0.70. Koninklijke KPN has a 1 year low of $3.34 and a 1 year high of $4.22.

About Koninklijke KPN

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.