Short Interest in Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Drops By 50.0%

Key Points

• Kuehne & Nagel International reported a significant decrease in short interest, dropping to 100 shares as of July 15th, representing a 50.0% decrease from the previous month.
• The company posted quarterly earnings of $0.49 per share, which missed analysts' expectations of $0.51, despite revenue surpassing estimates at $7.45 billion.
• Kuehne & Nagel International has increased its dividend to $1.2368 per share, which reflects a yield of 2.66% and a payout ratio of 55.61%.

Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 100 shares, adecreaseof50.0% from the June 30th total of 200 shares. Based on an average trading volume of 35,600 shares, the short-interest ratio is presently 0.0 days. Approximately0.0% of the shares of the stock are short sold. Approximately0.0% of the shares of the stock are short sold. Based on an average trading volume of 35,600 shares, the short-interest ratio is presently 0.0 days.

Kuehne & Nagel International Stock Down 0.9%

OTCMKTS:KHNGY traded down $0.36 during trading hours on Friday, reaching $40.40. The company had a trading volume of 73,177 shares, compared to its average volume of 22,967. The stock has a 50-day moving average of $43.73 and a two-hundred day moving average of $44.96. Kuehne & Nagel International has a one year low of $39.53 and a one year high of $62.24. The firm has a market capitalization of $24.39 billion, a PE ratio of 18.12, a PEG ratio of 1.00 and a beta of 0.93.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last announced its earnings results on Thursday, July 24th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.02). The business had revenue of $7.45 billion for the quarter, compared to the consensus estimate of $6.11 billion. Kuehne & Nagel International had a return on equity of 38.55% and a net margin of 4.47%. As a group, sell-side analysts expect that Kuehne & Nagel International will post 2.31 earnings per share for the current year.

Kuehne & Nagel International Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, May 28th. Investors of record on Tuesday, May 13th were issued a $1.2368 dividend. This is a positive change from Kuehne & Nagel International's previous dividend of $0.34. This represents a yield of 266.0%. The ex-dividend date was Monday, May 12th. Kuehne & Nagel International's dividend payout ratio (DPR) is 55.61%.

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.