Short Interest in Kuehne + Nagel International AG (OTCMKTS:KHNGY) Expands By 546.2%

Kuehne + Nagel International AG (OTCMKTS:KHNGY - Get Free Report) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 16,800 shares, a growth of 546.2% from the December 31st total of 2,600 shares. Based on an average daily volume of 85,300 shares, the short-interest ratio is currently 0.2 days.

Kuehne + Nagel International Stock Down 1.5 %

OTCMKTS KHNGY traded down $0.69 during trading hours on Friday, reaching $45.35. The company's stock had a trading volume of 14,781 shares, compared to its average volume of 44,907. Kuehne + Nagel International has a 1 year low of $43.66 and a 1 year high of $68.51. The firm's 50-day moving average price is $45.95 and its 200-day moving average price is $52.07. The company has a market capitalization of $27.38 billion, a price-to-earnings ratio of 20.71 and a beta of 0.84.

Analysts Set New Price Targets

Separately, Citigroup upgraded Kuehne + Nagel International to a "strong sell" rating in a research note on Wednesday, October 9th.

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.