Short Interest in Klöckner & Co SE (OTCMKTS:KLKNF) Decreases By 43.4%

Klöckner & Co SE (OTCMKTS:KLKNF) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 7,700 shares, a decline of 43.4% from the February 29th total of 13,600 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 77.0 days.

Klöckner & Co SE Price Performance

OTCMKTS KLKNF remained flat at $7.47 during trading on Thursday. The business has a fifty day simple moving average of $7.46 and a 200-day simple moving average of $7.30. Klöckner & Co SE has a 52-week low of $5.62 and a 52-week high of $9.80.

About Klöckner & Co SE

Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. The company operates through three segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU. It offers flat steel products; long steel products; tubes and hollow sections; stainless steel and high-grade steel; and aluminum products for building installations, roof and wall construction, and water supply.