Short Interest in Kion Group Ag (OTCMKTS:KIGRY) Rises By 1,240.0%

Kion Group Ag (OTCMKTS:KIGRY) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 6,700 shares, an increase of 1,240.0% from the June 30th total of 500 shares. Based on an average trading volume of 29,300 shares, the short-interest ratio is currently 0.2 days.

Kion Group Price Performance

KIGRY stock traded down $0.15 during trading on Thursday, hitting $10.37. 20,753 shares of the stock traded hands, compared to its average volume of 14,665. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.68 and a current ratio of 1.07. Kion Group has a 1 year low of $7.30 and a 1 year high of $13.91. The firm’s 50 day moving average is $11.09 and its two-hundred day moving average is $11.70.

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. The firm had revenue of $3.10 billion for the quarter. Kion Group had a net margin of 2.98% and a return on equity of 5.89%. Analysts anticipate that Kion Group will post 0.77 EPS for the current fiscal year.

Kion Group Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, June 17th. Shareholders of record on Friday, May 31st were paid a dividend of $0.1179 per share. This is an increase 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 16.67%.

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.