Short Interest in Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Drops By 80.3%

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 recipient of a large 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. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 70,200 shares, the short-interest ratio is currently 0.0 days. 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 stock are sold short.

Kuehne & Nagel International Stock Up 0.9%

OTCMKTS:KHNGY traded up $0.38 during trading hours on Thursday, reaching $41.30. 9,887 shares of the stock were exchanged, compared to its average volume of 32,718. Kuehne & Nagel International has a twelve month low of $39.53 and a twelve month high of $59.80. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a 50 day moving average of $42.00 and a 200 day moving average of $44.20. The stock has a market cap of $24.94 billion, a PE ratio of 18.52, a PEG ratio of 1.01 and a beta of 0.90.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last announced its quarterly earnings data 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). Kuehne & Nagel International had a return on equity of 41.79% and a net margin of 4.47%.The company had revenue of $7.45 billion for the quarter, compared to the consensus estimate of $6.11 billion. On average, equities analysts expect 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.

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