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

Kion Group Ag (OTCMKTS:KIGRY) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 6,300 shares, a decline 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 Price Performance

KIGRY stock traded down $0.03 during midday trading on Friday, hitting $10.36. 19,593 shares of the stock were exchanged, compared to its average volume of 31,700. The stock’s 50-day moving average price is $9.04 and its 200-day moving average price 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 fifty-two week low of $7.88 and a fifty-two week high of $13.91. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.60 and a current ratio of 0.96.

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.