Short Interest in Kion Group Ag (OTCMKTS:KIGRY) Decreases By 71.6%

Kion Group Ag (OTCMKTS:KIGRY) saw a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 6,300 shares, a drop of 71.6% from the January 31st total of 22,200 shares. Based on an average daily volume of 26,300 shares, the days-to-cover ratio is currently 0.2 days.

Kion Group Stock Performance

Shares of KIGRY stock traded down $0.03 during midday trading on Friday, hitting $10.36. The company had a trading volume of 19,593 shares, compared to its average volume of 31,700. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.96 and a quick ratio of 0.60. The company’s 50 day simple moving average is $9.04 and its 200 day simple moving average is $9.21. The stock has a market cap of $5.44 billion, a price-to-earnings ratio of 15.01 and a beta of 1.97. Kion Group has a 52-week low of $7.88 and a 52-week high of $13.91.

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.