Kuehne + Nagel International AG (OTCMKTS:KHNGY) Short Interest Up 1,600.0% in February

Kuehne + Nagel International AG (OTCMKTS:KHNGY) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 6,800 shares, an increase of 1,600.0% from the February 13th total of 400 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 38,800 shares, the days-to-cover ratio is presently 0.2 days.

Kuehne + Nagel International Price Performance

Shares of Kuehne + Nagel International stock traded down $1.19 on Wednesday, reaching $47.95. 9,787 shares of the company traded hands, compared to its average volume of 33,587. Kuehne + Nagel International has a 52 week low of $43.66 and a 52 week high of $62.83. The company has a 50 day moving average of $45.84 and a 200 day moving average of $49.43. The firm has a market capitalization of $28.95 billion, a PE ratio of 21.90 and a beta of 0.79.

Kuehne + Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings results on Monday, March 3rd. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.04). Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. The company had revenue of $7.70 billion during the quarter, compared to analysts’ expectations of $6.08 billion. As a group, analysts anticipate that Kuehne + Nagel International will post 2.31 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.