Kuehne + Nagel International AG (OTCMKTS:KHNGY) Short Interest Up 5,700.0% in November

Kuehne + Nagel International AG (OTCMKTS:KHNGY) saw a significant increase in short interest in November. As of November 15th, there was short interest totalling 5,800 shares, an increase of 5,700.0% from the October 31st total of 100 shares. Based on an average trading volume of 60,300 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Several research firms recently weighed in on KHNGY. Citigroup upgraded shares of Kuehne + Nagel International to a “strong sell” rating in a report on Wednesday, October 9th. UBS Group raised shares of Kuehne + Nagel International to a “hold” rating in a research note on Tuesday, October 1st. Finally, Barclays raised shares of Kuehne + Nagel International to a “hold” rating in a research note on Friday, September 27th.

Kuehne + Nagel International Stock Performance

KHNGY opened at $47.44 on Friday. Kuehne + Nagel International has a 52 week low of $45.85 and a 52 week high of $70.74. The business has a 50 day moving average of $50.38 and a 200-day moving average of $55.65.

Kuehne + Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.62 by $0.01. The business had revenue of $7.50 billion during the quarter. Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. As a group, analysts expect that Kuehne + Nagel International will post 2.37 EPS for the current year.

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.