Kuehne + Nagel International AG (OTCMKTS:KHNGY) Short Interest Down 68.7% in June

Kuehne + Nagel International AG (OTCMKTS:KHNGY) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 3,100 shares, a decrease of 68.7% from the May 31st total of 9,900 shares. Based on an average daily trading volume, of 13,300 shares, the days-to-cover ratio is currently 0.2 days.

Kuehne + Nagel International Stock Performance

Shares of Kuehne + Nagel International stock traded down $0.67 on Thursday, reaching $57.25. 2,806 shares of the stock were exchanged, compared to its average volume of 11,914. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.06. Kuehne + Nagel International has a 1-year low of $52.00 and a 1-year high of $70.74. The business has a fifty day moving average price of $55.77 and a two-hundred day moving average price of $60.33.

Kuehne + Nagel International (OTCMKTS:KHNGY) last released its earnings results on Tuesday, April 23rd. The company reported $0.53 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.53. The company had revenue of $6.30 billion for the quarter. Kuehne + Nagel International had a return on equity of 40.01% and a net margin of 5.51%. As a group, research analysts expect that Kuehne + Nagel International will post 2.25 earnings per share for the current fiscal year.

Kuehne + Nagel International Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, May 31st. Shareholders of record on Thursday, May 16th were given a $0.3399 dividend. The ex-dividend date was Wednesday, May 15th. Kuehne + Nagel International’s payout ratio is 47.68%.

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.