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

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

Kion Group Price Performance

Shares of OTCMKTS KIGRY traded down $0.35 during mid-day trading on Friday, hitting $10.01. 17,265 shares of the company’s stock traded hands, compared to its average volume of 31,327. The company’s 50-day moving average is $9.08 and its two-hundred day moving average is $9.21. 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 has a market capitalization of $5.25 billion, a P/E ratio of 14.51 and a beta of 1.97. Kion Group has a 1 year low of $7.88 and a 1 year 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.