Koninklijke KPN NV (OTCMKTS:KKPNY – Get Free Report) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 22,884 shares, a decrease of 46.0% from the May 14th total of 42,344 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 452,090 shares, the short-interest ratio is currently 0.1 days.
Koninklijke KPN Stock Performance
Koninklijke KPN stock traded up $0.05 during trading hours on Friday, reaching $5.12. 202,578 shares of the company’s stock traded hands, compared to its average volume of 303,614. Koninklijke KPN has a fifty-two week low of $4.36 and a fifty-two week high of $5.72. The firm’s 50 day moving average is $5.33 and its 200-day moving average is $5.12.
Koninklijke KPN Company Profile
Koninklijke KPN N.V. (KPN) is a Dutch telecommunications and information-communications-technology (ICT) company that provides a broad range of connectivity and digital services. Its core activities include fixed-line and mobile telephony, broadband internet, and television services for residential customers, alongside managed network, cloud, security and unified communications solutions for business and public-sector clients. KPN operates and maintains network infrastructure such as fiber and mobile networks, data centers, and platforms for Internet of Things (IoT) and cybersecurity services.
The company’s primary market is the Netherlands, where it serves households, small and medium-sized enterprises, large corporates and government organizations.
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