Does KONINKLIJKE KPN NV ORDINARY SHARES (OTCMKTS:KKPNF) Have Gas After Even Less Sellers Involved?

June 16, 2018 - By Maria Brooks

Koninklijke KPN N.V. (OTCMKTS:KKPNF) Logo

The stock of KONINKLIJKE KPN NV ORDINARY SHARES (OTCMKTS:KKPNF) registered a decrease of 21.04% in short interest. KKPNF’s total short interest was 18.62M shares in June as published by FINRA. Its down 21.04% from 23.58M shares, reported previously. With 158,200 shares average volume, it will take short sellers 118 days to cover their KKPNF’s short positions. The short interest to KONINKLIJKE KPN NV ORDINARY SHARES’s float is 0.56%.

The stock increased 1.48% or $0.04 during the last trading session, reaching $2.74. About 510 shares traded. Koninklijke KPN N.V. (OTCMKTS:KKPNF) has 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Koninklijke KPN N.V. provides telecommunications, and information and communication technology services in the Netherlands, the Americas, and internationally. The company has market cap of $11.98 billion. It offers fixed and mobile telephony, broadband Internet, and television services to retail consumers; and network related ICT solutions to business customers, as well as operates an IP infrastructure for international wholesale customers. It has a 17.79 P/E ratio. The firm also provides services in the areas of communication, information, entertainment, and commercial sectors; and a range of end-to-end solutions in infrastructure, workspace management, cloud, security, data network, and data center services for small, medium-sized, and large enterprises.

Another recent and important Koninklijke KPN N.V. (OTCMKTS:KKPNF) news was published by Equitiesfocus.com which published an article titled: “Contrasting PLDT (PHI) and KPN (KKPNF)” on June 08, 2018.

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