Kion Group Ag (OTCMKTS:KIGRY) Short Interest Up 400.0% in June

Kion Group Ag (OTCMKTS:KIGRY) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totalling 500 shares, a growth of 400.0% from the June 15th total of 100 shares. Based on an average daily trading volume, of 33,500 shares, the short-interest ratio is presently 0.0 days.

Kion Group Trading Up 4.0 %

Shares of Kion Group stock traded up $0.41 on Thursday, reaching $10.74. 11,490 shares of the company’s stock were exchanged, compared to its average volume of 14,598. Kion Group has a 52 week low of $7.30 and a 52 week high of $13.91. The firm’s 50-day moving average is $11.34 and its two-hundred day moving average is $11.68. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.68 and a current ratio of 1.07. The company has a market capitalization of $5.64 billion, a P/E ratio of 14.92 and a beta of 2.04.

Kion Group (OTCMKTS:KIGRY) last issued its earnings results on Wednesday, April 24th. The company reported $0.23 earnings per share (EPS) for the quarter. Kion Group had a return on equity of 5.89% and a net margin of 2.98%. The company had revenue of $3.10 billion for the quarter. Sell-side analysts predict that Kion Group will post 0.77 EPS for the current fiscal year.

Kion Group Increases Dividend

The company also recently announced a dividend, which was paid on Monday, June 17th. Investors of record on Friday, May 31st were issued a $0.1179 dividend. This is a boost from Kion Group’s previous dividend of $0.03. The ex-dividend date of this dividend was Friday, May 31st. Kion Group’s dividend payout ratio (DPR) is currently 15.28%.

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.