Kuehne + Nagel International AG (OTCMKTS:KHNGY) Short Interest Up 546.2% in December

Kuehne + Nagel International AG (OTCMKTS:KHNGY) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 16,800 shares, an increase of 546.2% from the December 15th total of 2,600 shares. Based on an average daily volume of 85,300 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on KHNGY shares. UBS Group upgraded shares of Kuehne + Nagel International to a “hold” rating in a research report on Tuesday, October 1st. Citigroup upgraded shares of Kuehne + Nagel International to a “strong sell” rating in a report on Wednesday, October 9th. Finally, Barclays upgraded shares of Kuehne + Nagel International to a “hold” rating in a report on Friday, September 27th.

Kuehne + Nagel International Trading Down 0.4 %

Shares of OTCMKTS KHNGY traded down $0.19 during mid-day trading on Wednesday, reaching $43.76. The company had a trading volume of 96,048 shares, compared to its average volume of 57,291. The business’s 50-day moving average is $46.50 and its 200-day moving average is $53.19. The stock has a market cap of $26.42 billion, a price-to-earnings ratio of 19.98 and a beta of 0.84. Kuehne + Nagel International has a 52 week low of $43.66 and a 52 week high of $69.02.

Kuehne + Nagel International (OTCMKTS:KHNGY) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.01. Kuehne + Nagel International had a net margin of 4.83% and a return on equity of 37.72%. The firm had revenue of $7.50 billion for the quarter. As a group, equities research analysts forecast that Kuehne + Nagel International will post 2.37 earnings per share for the current year.

About Kuehne + Nagel International

Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. The company operates through four segments: Sea Logistics, Air Logistics, Road Logistics, and Contract Logistics. It offers less-than-container load, reefer and project logistics, and flexible container shipping solutions.