Short Interest in Kion Group Ag (OTCMKTS:KIGRY) Expands By 252.4%

Kion Group Ag (OTCMKTS:KIGRY) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 22,200 shares, an increase of 252.4% from the January 15th total of 6,300 shares. Based on an average daily volume of 72,200 shares, the short-interest ratio is currently 0.3 days.

Kion Group Price Performance

Shares of OTCMKTS KIGRY traded up $0.09 during midday trading on Wednesday, hitting $9.78. The stock had a trading volume of 8,521 shares, compared to its average volume of 35,649. The stock has a 50 day simple moving average of $8.69 and a 200-day simple moving average of $9.13. Kion Group has a 1 year low of $7.88 and a 1 year high of $13.91. The company has a quick ratio of 0.60, a current ratio of 0.96 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $5.13 billion, a PE ratio of 14.17 and a beta of 1.97.

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.