Kion Group Ag (OTCMKTS:KIGRY) Sees Large Increase in Short Interest

Kion Group Ag (OTCMKTS:KIGRY) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 22,200 shares, an increase of 252.4% from the January 15th total of 6,300 shares. Based on an average daily volume of 72,200 shares, the days-to-cover ratio is presently 0.3 days.

Kion Group Stock Performance

Shares of OTCMKTS KIGRY traded up $0.29 during midday trading on Thursday, reaching $10.07. The company’s stock had a trading volume of 9,507 shares, compared to its average volume of 35,649. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.96 and a quick ratio of 0.60. Kion Group has a 12-month low of $7.88 and a 12-month high of $13.91. The firm has a 50 day moving average price of $8.73 and a 200-day moving average price of $9.14. The stock has a market capitalization of $5.28 billion, a P/E ratio of 14.59 and a beta of 1.97.

Kion Group Company Profile

KION GROUP AG provides industrial trucks and supply chain solutions worldwide. The company operates in Industrial Trucks & Services and Supply Chain Solutions segments. It offers forklift trucks, counterbalance trucks with electric drive and internal combustion engine, ride-on and hand-operated warehouse trucks, automated guided vehicle systems (AGVs), and towing vehicles under the Linde, STILL, Baoli, Fenwick, and OM brands.