Koninklijke KPN NV (OTCMKTS:KKPNY) Short Interest Update

Key Points

• The short interest in Koninklijke KPN NV increased by 22.1% in August, totaling 35,400 shares by August 31st.
• The company's stock price is currently down 1.4%, trading at $4.78 with a fifty-two week range between $3.40 and $4.96.
• Koninklijke KPN recently announced a dividend payment of $0.0682, resulting in an impressive yield of 358.0%.

Koninklijke KPN NV (OTCMKTS:KKPNY - Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 35,400 shares, an increase of 22.1% from the August 15th total of 29,000 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 615,300 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 615,300 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Koninklijke KPN Stock Performance

Shares of Koninklijke KPN stock traded down $0.00 during trading hours on Monday, reaching $4.80. 233,292 shares of the company's stock were exchanged, compared to its average volume of 450,739. Koninklijke KPN has a 52-week low of $3.40 and a 52-week high of $4.96. The company has a fifty day moving average of $4.71 and a 200-day moving average of $4.61. The company has a current ratio of 0.60, a quick ratio of 0.58 and a debt-to-equity ratio of 1.52.

Koninklijke KPN Cuts Dividend

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

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.