Koninklijke KPN NV (OTCMKTS:KKPNY) Short Interest Up 570.3% in August

Koninklijke KPN NV (OTCMKTS:KKPNY) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 126,004 shares, a growth of 570.3% from the August 15th total of 18,798 shares. Based on an average daily trading volume, of 1,619,827 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Koninklijke KPN Stock Down 0.4%

Shares of KKPNY traded down $0.02 on Friday, reaching $4.78. The company’s stock had a trading volume of 239,926 shares, compared to its average volume of 982,562. The firm has a fifty day moving average of $4.79 and a 200-day moving average of $5.13. Koninklijke KPN has a twelve month low of $4.36 and a twelve month high of $5.72. The company has a current ratio of 0.64, a quick ratio of 0.62 and a debt-to-equity ratio of 1.65.

About Koninklijke KPN

Koninklijke KPN N.V. is a telecommunications and information technology company headquartered in Rotterdam, the Netherlands. The company provides connectivity and digital services to consumers, businesses and government organizations, primarily in the Dutch market.

KPN’s consumer offerings include mobile and fixed-line communications, broadband internet, digital television and related communications services. For business and public-sector customers, the company provides mobile and fixed connectivity, data networking, cloud and workplace services, cybersecurity, unified communications and other information technology solutions.

KPN operates and manages telecommunications infrastructure in the Netherlands, including fiber-optic and mobile networks.