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

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

Wall Street Analysts Forecast Growth

KHNGY has been the subject of a number of research reports. Citigroup raised shares of Kuehne + Nagel International to a “strong sell” rating in a research report on Wednesday, October 9th. UBS Group raised Kuehne + Nagel International to a “hold” rating in a research report on Tuesday, October 1st.

Kuehne + Nagel International Stock Down 0.3 %

Shares of KHNGY traded down $0.13 during mid-day trading on Tuesday, reaching $45.77. 49,352 shares of the stock traded hands, compared to its average volume of 52,168. The firm has a market cap of $27.63 billion, a price-to-earnings ratio of 20.90 and a beta of 0.84. The stock has a fifty day simple moving average of $46.07 and a 200 day simple moving average of $52.33. Kuehne + Nagel International has a 12-month low of $43.66 and a 12-month high of $68.51.

Kuehne + Nagel International Company Profile

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.