Klöckner & Co SE (OTCMKTS:KLKNF) Sees Large Increase in Short Interest

Klöckner & Co SE (OTCMKTS:KLKNF) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,800 shares, an increase of 28.6% from the January 31st total of 1,400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 18.0 days.

Klöckner & Co SE Stock Performance

Shares of KLKNF remained flat at $6.22 during midday trading on Wednesday. The stock has a fifty day simple moving average of $5.17 and a 200-day simple moving average of $5.31. Klöckner & Co SE has a 12-month low of $4.35 and a 12-month high of $7.49.

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.