Short Interest in Klöckner & Co SE (OTCMKTS:KLKNF) Decreases By 52.5%

Klöckner & Co SE (OTCMKTS:KLKNF) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 11,400 shares, a drop of 52.5% from the November 15th total of 24,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Klöckner & Co SE Stock Performance

Shares of Klöckner & Co SE stock remained flat at $5.35 during mid-day trading on Friday. Klöckner & Co SE has a 1 year low of $5.09 and a 1 year high of $7.49. The company’s 50 day simple moving average is $5.36 and its 200-day simple moving average is $5.84.

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.