Koninklijke KPN (OTCMKTS:KKPNF) Short Interest Up 25.4% in April

Koninklijke KPN (OTCMKTS:KKPNFGet Rating) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 25,824,900 shares, a growth of 25.4% from the March 31st total of 20,600,600 shares. Based on an average daily trading volume, of 127,300 shares, the days-to-cover ratio is currently 202.9 days.

Separately, Zacks Investment Research raised shares of Koninklijke KPN from a “sell” rating to a “hold” rating in a report on Tuesday, April 12th.

OTCMKTS KKPNF opened at $3.44 on Tuesday. Koninklijke KPN has a 52 week low of $2.87 and a 52 week high of $3.89. The firm’s 50-day simple moving average is $3.46 and its two-hundred day simple moving average is $3.26.

Koninklijke KPN Company Profile (Get Rating)

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.

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