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

Klöckner & Co SE (OTCMKTS:KLKNF) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 11,300 shares, a growth of 352.0% from the December 31st 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 Price Performance

KLKNF remained flat at $4.60 during trading on Thursday. Klöckner & Co SE has a fifty-two week low of $4.35 and a fifty-two week high of $7.49. The business’s 50 day moving average is $4.90 and its 200 day moving average is $5.28.

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.