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

Kuehne + Nagel International AG (OTCMKTS:KHNGY) was the target of a significant 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 short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

KHNGY has been the topic of a number of research analyst reports. Barclays raised Kuehne + Nagel International to a “hold” rating in a report on Friday, September 27th. UBS Group raised Kuehne + Nagel International to a “hold” rating in a research note on Tuesday, October 1st. Finally, Citigroup raised Kuehne + Nagel International to a “strong sell” rating in a research note on Wednesday, October 9th.

Kuehne + Nagel International Price Performance

OTCMKTS:KHNGY traded down $0.14 on Wednesday, hitting $46.91. The company had a trading volume of 127,487 shares, compared to its average volume of 33,527. Kuehne + Nagel International has a 52 week low of $45.85 and a 52 week high of $70.74. The firm has a 50 day moving average of $50.78 and a two-hundred day moving average of $55.77.

Kuehne + Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. The company had revenue of $7.50 billion during the quarter. Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. Research analysts predict that Kuehne + Nagel International will post 2.37 earnings per share for the current fiscal year.

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.