Klöckner & Co SE (OTCMKTS:KLKNF) Sees Large Drop in Short Interest

Klöckner & Co SE (OTCMKTS:KLKNF) saw a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 11,400 shares, a decline of 52.5% from the November 15th total of 24,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Klöckner & Co SE Price Performance

KLKNF stock remained flat at $5.35 during trading on Thursday. The company had a trading volume of 10,000 shares, compared to its average volume of 2,127. The stock has a 50 day moving average price of $5.36 and a 200-day moving average price of $5.86. Klöckner & Co SE has a 1-year low of $5.09 and a 1-year high of $7.49.

Klöckner & Co SE Company Profile

Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. The company operates through three segments: Kloeckner Metals Americas, Kloeckner Metals EU, and Kloeckner Metals Non-EU. It offers flat steel products; long steel products; tubes and hollow sections; stainless steel and high-grade steel; aluminum products; and CO2-reduced steel, stainless steel, and aluminum products for building installations, roof and wall construction, and water supply.