Koninklijke KPN NV (OTCMKTS:KKPNY) Short Interest Update

Key Points

• Koninklijke KPN NV experienced a significant decline in short interest, dropping 87.6% from 211,600 shares to 26,200 shares by July 31st.
• The company's stock price decreased 0.4% to $4.59, with a trading volume of 108,577 shares compared to its average of 471,071.
• Koninklijke KPN declared a dividend of $0.0682 per share, which represents an extraordinary yield of 358.0%.

Koninklijke KPN NV (OTCMKTS:KKPNY - Get Free Report) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 26,200 shares, adecreaseof87.6% from the July 15th total of 211,600 shares. Approximately0.0% of the company's stock are sold short. Based on an average trading volume of 1,728,800 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 1,728,800 shares, the short-interest ratio is currently 0.0 days. Approximately0.0% of the company's stock are sold short.

Koninklijke KPN Trading Up 0.5%

KKPNY traded up $0.03 during midday trading on Tuesday, hitting $4.65. 4,429 shares of the company's stock traded hands, compared to its average volume of 479,010. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.60 and a quick ratio of 0.58. Koninklijke KPN has a one year low of $3.40 and a one year high of $4.94. The stock's fifty day simple moving average is $4.74 and its 200-day simple moving average is $4.42.

Koninklijke KPN Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, August 8th. Shareholders of record on Thursday, August 7th were issued a $0.0682 dividend. The ex-dividend date of this dividend was Wednesday, August 6th. This represents a yield of 358.0%.

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.