Koninklijke KPN NV (OTCMKTS:KKPNY – Get Free Report) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 820,938 shares, a growth of 115.3% from the June 30th total of 381,271 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 1,331,937 shares, the days-to-cover ratio is presently 0.6 days.
Koninklijke KPN Price Performance
Shares of OTCMKTS:KKPNY traded up $0.04 during midday trading on Wednesday, hitting $4.90. The company had a trading volume of 218,759 shares, compared to its average volume of 519,047. Koninklijke KPN has a 12-month low of $4.36 and a 12-month high of $5.72. The company has a fifty day moving average of $5.01 and a two-hundred day moving average of $5.19. 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. (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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