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

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

Klöckner & Co SE Stock Performance

Shares of Klöckner & Co SE stock remained flat at $7.47 during trading on Thursday. The firm’s 50-day moving average price is $7.46 and its 200-day moving average price is $7.30. Klöckner & Co SE has a 1-year low of $5.62 and a 1-year high of $9.80.

Klöckner & Co SE Company Profile

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.