Kuehne + Nagel International AG (OTCMKTS:KHNGY) Sees Significant Drop in Short Interest

Kuehne + Nagel International AG (OTCMKTS:KHNGY - Get Free Report) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 1,000 shares, a drop of 60.0% from the April 30th total of 2,500 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 122,200 shares, the days-to-cover ratio is currently 0.0 days.

Kuehne + Nagel International Stock Up 0.4%

Shares of KHNGY stock traded up $0.19 during mid-day trading on Monday, reaching $45.21. The stock had a trading volume of 13,342 shares, compared to its average volume of 37,238. The firm's 50 day simple moving average is $44.81 and its 200 day simple moving average is $45.83. Kuehne + Nagel International has a one year low of $39.53 and a one year high of $62.83. The firm has a market cap of $27.30 billion, a PE ratio of 20.64 and a beta of 0.98.

Kuehne + Nagel International (OTCMKTS:KHNGY - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The company reported $0.54 EPS for the quarter, meeting the consensus estimate of $0.54. The business had revenue of $7.04 billion for the quarter, compared to analyst estimates of $5.73 billion. Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. Sell-side analysts forecast that Kuehne + Nagel International will post 2.31 earnings per share for the current fiscal year.

Kuehne + Nagel International Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, May 28th. Investors of record on Tuesday, May 13th were paid a $1.2368 dividend. This is a positive change from Kuehne + Nagel International's previous dividend of $0.34. The ex-dividend date was Monday, May 12th. This represents a yield of 2.66%. Kuehne + Nagel International's payout ratio is currently 53.95%.

About Kuehne + Nagel International

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.