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

Koninklijke KPN NV (OTCMKTS:KKPNY) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 15,917 shares, a decrease of 90.2% from the October 15th total of 162,505 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 3,163,339 shares, the days-to-cover ratio is presently 0.0 days.

Koninklijke KPN Price Performance

Shares of KKPNY remained flat at $4.84 during midday trading on Thursday. 1,697,118 shares of the stock traded hands, compared to its average volume of 727,325. The firm has a 50 day moving average price of $4.63 and a 200 day moving average price of $5.03. Koninklijke KPN has a one year low of $4.27 and a one year high of $5.72. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.63 and a current ratio of 0.66.

About Koninklijke KPN

Koninklijke KPN N.V. is a telecommunications provider based in the Netherlands. The company offers mobile and fixed-line voice services, broadband internet and television to consumers, as well as connectivity and information technology services to businesses and public-sector organizations. KPN also operates wholesale networks and provides access and related services to other telecommunications providers. Its activities are focused primarily on the Dutch market, where it serves customers through brands including KPN and Simyo.