Kuehne + Nagel International AG (OTCMKTS:KHNGY – Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 400 shares, an increase of 100.0% from the September 30th total of 200 shares. Based on an average daily trading volume, of 36,900 shares, the days-to-cover ratio is currently 0.0 days.
Wall Street Analysts Forecast Growth
Several analysts have commented on the stock. Citigroup raised shares of Kuehne + Nagel International to a “strong sell” rating in a research report on Wednesday, October 9th. Barclays upgraded shares of Kuehne + Nagel International to a “hold” rating in a report on Friday, September 27th. Finally, UBS Group upgraded shares of Kuehne + Nagel International to a “hold” rating in a report on Tuesday, October 1st.
Check Out Our Latest Research Report on Kuehne + Nagel International
Kuehne + Nagel International Price Performance
About Kuehne + Nagel International
Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. The company operates through four segments: Sea Logistics, Air Logistics, Road Logistics, and Contract Logistics. It offers less-than-container load, reefer and project logistics, and flexible container shipping solutions.
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