Short Interest in Klöckner & Co SE (OTCMKTS:KLKNF) Drops By 78.1%

Klöckner & Co SE (OTCMKTS:KLKNF) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 2,500 shares, a drop of 78.1% from the November 30th total of 11,400 shares. Based on an average daily trading volume, of 2,000 shares, the days-to-cover ratio is currently 1.3 days.

Klöckner & Co SE Stock Performance

OTCMKTS:KLKNF remained flat at $4.35 during trading hours on Friday. The company’s fifty day simple moving average is $5.26 and its 200 day simple moving average is $5.68. Klöckner & Co SE has a 1-year low of $5.09 and a 1-year high of $7.49.

About Klöckner & Co SE

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.