KION GROUP

DE000KGX8881

Kion Group AG (styled as KION Group) is a German multinational manufacturer of materials handling equipment, with its headquarters in Frankfurt, Hesse, Germany. Its principal products are intralogistics, warehouse automation equipment, and industrial (forklift) trucks. KION Group was founded in 2006 by the demerger of The Linde Group's materials handling equipment operations. It is the world's second-largest manufacturer of forklifts measured by revenues (after Toyota Industries).

KION GROUP has been a target of short sellers for a while. The current short interest of 1.77% is roughly at the average of the last 12 months (1.64%). Recently, short selling has increased slightly.

History