Konecranes Plc (OTCMKTS:KNCRF) Short Interest Update

Konecranes Plc (OTCMKTS:KNCRF) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totalling 8,100 shares, an increase of 22.7% from the September 30th total of 6,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Konecranes Stock Performance

Shares of KNCRF remained flat at $66.00 during midday trading on Wednesday. The business has a 50-day moving average of $66.24 and a 200-day moving average of $61.53. Konecranes has a 52-week low of $40.15 and a 52-week high of $66.70.

Konecranes Company Profile

Konecranes Plc manufactures, sells, and services material handling solutions. It operates through three segments: Service, Industrial Equipment, and Port Solutions. The company offers workstation lifting system, overhead cranes, hazardous environment cranes and hoists, warehouse automation, and core of lifting, such as gears, motors, and controls; and provides crane advisory services.