Kion Group Ag (OTCMKTS:KIGRY) Short Interest Up 556.1% in March

Kion Group Ag (OTCMKTS:KIGRY) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 26,900 shares, a growth of 556.1% from the February 28th total of 4,100 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 74,600 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analyst Weigh In

A number of research firms recently commented on KIGRY. Citigroup upgraded Kion Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 4th. Barclays upgraded Kion Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 17th.

Kion Group Price Performance

Shares of OTCMKTS KIGRY traded down $0.14 during trading on Friday, reaching $11.07. The company had a trading volume of 94,211 shares, compared to its average volume of 32,148. Kion Group has a 52 week low of $7.88 and a 52 week high of $13.45. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.60 and a current ratio of 0.96. The business’s 50 day moving average price is $10.37 and its 200-day moving average price is $9.50. The stock has a market cap of $5.81 billion, a PE ratio of 16.04 and a beta of 1.96.

Kion Group Company Profile

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.