Short Interest in Klöckner & Co SE (OTCMKTS:KLKNF) Expands By 352.0%

Klöckner & Co SE (OTCMKTS:KLKNF) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 11,300 shares, an increase of 352.0% from the December 15th total of 2,500 shares. Based on an average daily trading volume, of 1,700 shares, the days-to-cover ratio is presently 6.6 days.

Klöckner & Co SE Stock Performance

OTCMKTS:KLKNF remained flat at $4.60 during trading on Tuesday. Klöckner & Co SE has a 1-year low of $4.35 and a 1-year high of $7.49. The business’s fifty day moving average is $5.08 and its two-hundred day moving average is $5.41.

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.