Klöckner & Co SE (OTCMKTS:KLKNF) Shares Shorted: Short Interest Down 96.8% in September
by Tristan Rich · The Markets DailyKlöckner & Co SE (OTCMKTS:KLKNF – Get Free Report) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 2,141 shares, a decline of 96.8% from the September 15th total of 67,535 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.
Klöckner & Co SE Price Performance
Shares of Klöckner & Co SE stock remained flat at $15.15 on Friday. Klöckner & Co SE has a one year low of $6.10 and a one year high of $15.15. The company’s 50-day simple moving average is $14.35 and its 200 day simple moving average is $14.10.
About Klöckner & Co SE
Klöckner & Co SE is a Germany-based steel and metals distributor serving industrial and commercial customers. The company supplies carbon steel, stainless steel and other non-ferrous metals in forms such as sheet, plate, bars, sections, tubes and pipes. Its customer base includes companies in construction, mechanical engineering, automotive, energy and other manufacturing industries.
In addition to distributing metals, Klöckner & Co provides value-added services including cutting, slitting, sawing, machining, surface treatment, inventory management and logistics.