Krones AG (OTCMKTS:KRNTY) Short Interest Update

Krones AG (OTCMKTS:KRNTY) was the recipient of a large decrease in short interest in May. As of May 31st, there was short interest totalling 100 shares, a decrease of 50.0% from the May 15th total of 200 shares. Based on an average daily volume of 500 shares, the short-interest ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Krones in a report on Monday, May 12th.

Krones Price Performance

OTCMKTS KRNTY remained flat at $81.76 on Monday. Krones has a 12 month low of $62.30 and a 12 month high of $86.89. The firm’s fifty day moving average price is $73.71 and its 200-day moving average price is $69.84.

Krones Company Profile

Krones AG, together with its subsidiaries, engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in three segments, Filling and Packaging Technology, Process Technology, and Intralogistics.