Kion Group Ag (OTCMKTS:KIGRY) Short Interest Update

Kion Group Ag (OTCMKTS:KIGRY) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 5,100 shares, a growth of 5,000.0% from the December 31st total of 100 shares. Based on an average trading volume of 56,600 shares, the days-to-cover ratio is currently 0.1 days.

Kion Group Price Performance

Shares of Kion Group stock traded down $0.21 during trading on Tuesday, hitting $9.12. 52,472 shares of the stock were exchanged, compared to its average volume of 38,853. The firm’s 50-day moving average price is $8.59 and its 200 day moving average price is $9.25. Kion Group has a 12-month low of $7.88 and a 12-month high of $13.91.

Kion Group (OTCMKTS:KIGRY) last issued its earnings results on Wednesday, October 30th. The company reported $0.15 earnings per share for the quarter. The business had revenue of $2.97 billion for the quarter. Kion Group had a return on equity of 5.67% and a net margin of 2.88%. Equities analysts expect that Kion Group will post 0.78 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded shares of Kion Group to a “strong-buy” rating in a report on Thursday, October 10th.

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.