Short Interest in Konecranes Plc (OTCMKTS:KNCRF) Expands By 22.7%

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

Konecranes Price Performance

OTCMKTS:KNCRF remained flat at $66.00 during mid-day trading on Wednesday. Konecranes has a 1 year low of $40.15 and a 1 year high of $66.70. The firm has a 50 day moving average of $66.24 and a two-hundred day moving average of $61.53.

About Konecranes

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.