Kion Group (OTCMKTS:KIGRY) Short Interest Update

Key Points

• Kion Group experienced a **65.5%** increase in short interest, rising to **9,100 shares** as of July 31st, while currently, **0.0%** of the company's shares are short sold.
• The company reported a net income of **$0.20 earnings per share (EPS)** but did not meet revenue expectations with **$3.07 billion** against a consensus estimate of **$3.18 billion**.
• Kion Group recently increased its dividend to **$0.1437**, reflecting a dividend yield of **124.0%** and a payout ratio of **29.17%**.

Kion Group (OTCMKTS:KIGRY - Get Free Report) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 9,100 shares, anincreaseof65.5% from the July 15th total of 5,500 shares. Currently,0.0% of the company's shares are short sold. Based on an average trading volume of 29,300 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 29,300 shares, the days-to-cover ratio is currently 0.3 days. Currently,0.0% of the company's shares are short sold.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Kion Group in a report on Friday, July 4th.

Kion Group Stock Down 1.3%

KIGRY traded down $0.22 during trading on Monday, reaching $17.08. The stock had a trading volume of 10,396 shares, compared to its average volume of 14,117. The stock's 50 day moving average is $14.67 and its two-hundred day moving average is $12.08. The company has a current ratio of 0.99, a quick ratio of 0.68 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $8.96 billion, a price-to-earnings ratio of 35.58 and a beta of 1.98. Kion Group has a one year low of $7.66 and a one year high of $17.31.

Kion Group (OTCMKTS:KIGRY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.20 earnings per share (EPS) for the quarter. The business had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.18 billion. Kion Group had a return on equity of 3.89% and a net margin of 2.08%. As a group, analysts expect that Kion Group will post 0.78 earnings per share for the current year.

Kion Group Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were paid a $0.1437 dividend. This is an increase from Kion Group's previous dividend of $0.12. This represents a dividend yield of 124.0%. The ex-dividend date of this dividend was Thursday, May 29th. Kion Group's payout ratio is currently 29.17%.

About Kion Group

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.

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