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

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

Klöckner & Co SE Price Performance

Shares of OTCMKTS:KLKNF remained flat at $4.60 during trading on Thursday. Klöckner & Co SE has a one year low of $4.35 and a one year high of $7.49. The business has a 50-day simple moving average of $4.90 and a 200-day simple moving average of $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.