Klöckner & Co SE (OTCMKTS:KLKNF) Short Interest Down 9.1% in September

Klöckner & Co SE (OTCMKTS:KLKNF) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 7,000 shares, a decline of 9.1% from the September 15th total of 7,700 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is currently 3.9 days.

Klöckner & Co SE Price Performance

OTCMKTS:KLKNF remained flat at $5.47 during mid-day trading on Tuesday. The company’s fifty day moving average price is $5.52 and its two-hundred day moving average price is $6.48. Klöckner & Co SE has a 12-month low of $5.09 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 US, 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; and aluminum products for building installations, roof and wall construction, and water supply.