KONE Oyj (OTCMKTS:KNYJY) Short Interest Up 214.1% in March

KONE Oyj (OTCMKTS:KNYJY) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 28,900 shares, an increase of 214.1% from the February 28th total of 9,200 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 45,900 shares, the days-to-cover ratio is currently 0.6 days.

KONE Oyj Trading Down 0.1 %

KNYJY stock traded down $0.02 on Friday, reaching $27.90. The company’s stock had a trading volume of 14,772 shares, compared to its average volume of 30,321. The firm has a market cap of $25.29 billion, a PE ratio of 28.18, a PEG ratio of 2.70 and a beta of 0.67. The business has a fifty day simple moving average of $27.56 and a two-hundred day simple moving average of $26.84. KONE Oyj has a 12-month low of $22.69 and a 12-month high of $30.12. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.13.

KONE Oyj (OTCMKTS:KNYJY) last posted its earnings results on Thursday, January 30th. The company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.04). KONE Oyj had a return on equity of 38.04% and a net margin of 8.57%. As a group, research analysts forecast that KONE Oyj will post 1.06 EPS for the current year.

KONE Oyj Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 7th will be paid a $0.9388 dividend. The ex-dividend date of this dividend is Friday, March 7th. This is a boost from KONE Oyj’s previous dividend of $0.94. KONE Oyj’s dividend payout ratio (DPR) is presently 41.41%.

About KONE Oyj

KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. The company provides elevators, escalators, and automatic building doors. It offers maintenance services; and modernization solutions. In addition, the company offers KONE Office Flow, a connected solution that allows for personalized user experiences and touch-free access; health and well-being solutions for elevators, escalators, and doors; KONE Access, an access control system, which is integrated with elevator system and building doors; KONE Destination, a destination control system that reduce waiting and travel times; KONE infotainment, a communication channel for building tenants and visitors; and monitoring solutions that enable real-time inspection of elevators and escalators.