Short Interest in Klöckner & Co SE (OTCMKTS:KLKNF) Drops By 44.2%

Klöckner & Co SE (OTCMKTS:KLKNFGet Free Report) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 67,535 shares, a decrease of 44.2% from the July 30th total of 121,027 shares. Based on an average daily trading volume, of 1 shares, the days-to-cover ratio is presently 67,535.0 days.

Klöckner & Co SE Price Performance

Shares of OTCMKTS:KLKNF remained flat at $13.86 during midday trading on Friday. Klöckner & Co SE has a fifty-two week low of $6.10 and a fifty-two week high of $14.19. The stock has a 50 day moving average of $13.87 and a 200-day moving average of $13.79.

About Klöckner & Co SE

(Get Free Report)

Klöckner & Co SE is a Germany-based international distributor of steel and metal products, offering comprehensive sourcing, supply and value-added services to industrial customers. With a network of service centers and warehouses across Europe and North America, the company specializes in logistics solutions designed to optimize inventory management and reduce delivery times for manufacturers in the automotive, construction, energy, and engineering sectors.

The company’s product portfolio encompasses a broad range of carbon steel, stainless steel, and nonferrous metal materials, including sheet, plate, pipe and tube, rebar, and structural sections.

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