Koninklijke KPN (OTCMKTS:KKPNF) Sees Large Increase in Short Interest

Koninklijke KPN (OTCMKTS:KKPNF) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 802,200 shares, an increase of 6.0% from the August 15th total of 756,700 shares. Based on an average trading volume of 12,100 shares, the short-interest ratio is currently 66.3 days.

Koninklijke KPN Price Performance

KKPNF stock opened at $4.04 on Wednesday. The stock has a market capitalization of $16.97 billion, a price-to-earnings ratio of 20.55 and a beta of 0.37. The company has a 50-day moving average of $4.01 and a two-hundred day moving average of $3.83. Koninklijke KPN has a 52-week low of $3.19 and a 52-week high of $4.32.

Koninklijke KPN (OTCMKTS:KKPNF) last announced its earnings results on Wednesday, July 24th. The company reported $0.06 earnings per share for the quarter. The business had revenue of $1.50 billion for the quarter. Equities analysts expect that Koninklijke KPN will post 0.22 EPS for the current fiscal year.

About Koninklijke KPN

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.