Short Interest in Koninklijke KPN NV (OTCMKTS:KKPNF) Declines By 34.8%

Koninklijke KPN NV (OTCMKTS:KKPNF) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 8,758,998 shares, a decrease of 34.8% from the April 15th total of 13,425,525 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 13,437 shares, the short-interest ratio is presently 651.9 days.

Koninklijke KPN Stock Performance

Shares of KKPNF traded down $0.03 during trading hours on Monday, hitting $5.40. The stock had a trading volume of 283 shares, compared to its average volume of 53,811. Koninklijke KPN has a fifty-two week low of $4.25 and a fifty-two week high of $5.81. The firm has a 50-day moving average price of $5.47 and a 200 day moving average price of $5.03. The firm has a market capitalization of $20.98 billion, a price-to-earnings ratio of 20.75 and a beta of 0.19.

Koninklijke KPN (OTCMKTS:KKPNF) last released its earnings results on Wednesday, April 29th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The company had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Koninklijke KPN had a net margin of 15.10% and a return on equity of 26.25%. As a group, analysts predict that Koninklijke KPN will post 0.28 EPS for the current fiscal year.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. (Royal KPN) is a Dutch telecommunications and ICT services company headquartered in The Hague. The group traces its origins to the Dutch national postal and telecommunications service and evolved into a privatized commercial operator. KPN is primarily listed on Euronext Amsterdam and its American depositary receipts trade over the counter under the symbol KKPNF.

KPN’s core activities cover a full range of telecommunications and digital infrastructure services. For consumer markets it offers fixed-line and mobile voice services, broadband internet, television and bundled connectivity packages.