Short Interest in Koninklijke KPN (OTCMKTS:KKPNY) Expands By 15.2%

Koninklijke KPN (OTCMKTS:KKPNY) saw a significant increase in short interest in August. As of August 15th, there was short interest totalling 15,200 shares, an increase of 15.2% from the July 31st total of 13,200 shares. Based on an average daily trading volume, of 218,500 shares, the short-interest ratio is currently 0.1 days.

Koninklijke KPN Price Performance

Shares of OTCMKTS KKPNY opened at $4.07 on Monday. The stock’s 50-day simple moving average is $3.93 and its 200-day simple moving average is $3.76. Koninklijke KPN has a fifty-two week low of $3.20 and a fifty-two week high of $4.13.

Koninklijke KPN Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, August 9th. Shareholders of record on Wednesday, August 7th were issued a dividend of $0.059 per share. The ex-dividend date of this dividend was Wednesday, August 7th.

Koninklijke KPN Company Profile

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 and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.