Klöckner & Co SE (OTCMKTS:KLKNF) Sees Large Growth in Short Interest

Klöckner & Co SE (OTCMKTS:KLKNF) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 11,300 shares, an increase of 352.0% from the December 31st total of 2,500 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is presently 6.6 days.

Klöckner & Co SE Price Performance

OTCMKTS:KLKNF remained flat at $4.60 during midday trading on Tuesday. The company had a trading volume of 5,000 shares, compared to its average volume of 2,127. Klöckner & Co SE has a 52 week low of $4.35 and a 52 week high of $7.49. The company’s 50 day simple moving average is $4.92 and its 200-day simple moving average is $5.28.

Klöckner & Co SE Company Profile

Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. The company operates through three segments: Kloeckner Metals Americas, 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; aluminum products; and CO2-reduced steel, stainless steel, and aluminum products for building installations, roof and wall construction, and water supply.