Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Short Interest Down 80.3% in August

Key Points

• The short interest in Kuehne & Nagel International Ag decreased by 80.3% in August, falling from 7,100 shares to just 1,400 shares.
• Currently, 0.0% of the company's stock is sold short, resulting in a short-interest ratio of 0.0 days.
• The company's stock rose 0.9%, trading at $41.30, despite reporting a net margin of only 4.47% on $7.45 billion in quarterly revenue.

Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,400 shares, a drop of 80.3% from the August 15th total of 7,100 shares. Based on an average daily trading volume, of 70,200 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company's shares are short sold. Currently, 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 70,200 shares, the short-interest ratio is currently 0.0 days.

Kuehne & Nagel International Stock Up 1.1%

Shares of OTCMKTS KHNGY traded up $0.47 during mid-day trading on Tuesday, hitting $42.36. The company had a trading volume of 17,531 shares, compared to its average volume of 32,548. The company has a market capitalization of $25.58 billion, a PE ratio of 19.00, a price-to-earnings-growth ratio of 1.02 and a beta of 0.90. The business's 50-day simple moving average is $41.90 and its 200 day simple moving average is $44.04. Kuehne & Nagel International has a 1-year low of $39.53 and a 1-year high of $58.72. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.86 and a quick ratio of 0.86.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last released its earnings results on Thursday, July 24th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.51 by ($0.02). The company had revenue of $7.45 billion during the quarter, compared to analysts' expectations of $6.11 billion. Kuehne & Nagel International had a net margin of 4.47% and a return on equity of 41.79%. On average, analysts predict that Kuehne & Nagel International will post 2.31 earnings per share for the current 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.