Koninklijke KPN NV (OTCMKTS:KKPNY) Shares Shorted: Short Interest Down 90.2% in October

Koninklijke KPN NV (OTCMKTS:KKPNY) was the recipient of a significant 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. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 3,163,339 shares, the days-to-cover ratio is currently 0.0 days.

Koninklijke KPN Stock Performance

Shares of OTCMKTS KKPNY traded down $0.07 during mid-day trading on Wednesday, reaching $4.79. The company had a trading volume of 20,187 shares, compared to its average volume of 726,755. Koninklijke KPN has a 52 week low of $4.27 and a 52 week high of $5.72. The business’s 50-day moving average is $4.63 and its 200-day moving average is $5.03. The company has a current ratio of 0.66, a quick ratio of 0.63 and a debt-to-equity ratio of 1.86.

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.