Short Interest in Kuehne + Nagel International AG (OTCMKTS:KHNGY) Rises By 5,700.0%

Kuehne + Nagel International AG (OTCMKTS:KHNGY) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 5,800 shares, an increase of 5,700.0% from the October 31st total of 100 shares. Based on an average daily volume of 60,300 shares, the days-to-cover ratio is currently 0.1 days.

Kuehne + Nagel International Trading Up 1.1 %

Shares of KHNGY opened at $47.44 on Thursday. Kuehne + Nagel International has a 52 week low of $45.85 and a 52 week high of $70.74. The stock has a 50 day moving average of $50.57 and a 200-day moving average of $55.71.

Kuehne + Nagel International (OTCMKTS:KHNGY) last released its earnings results on Wednesday, October 23rd. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate 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 during the quarter. Analysts expect that Kuehne + Nagel International will post 2.37 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.