Konecranes Plc (OTCMKTS:KNCRF – Get Free Report) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 71,894 shares, a drop of 43.9% from the July 15th total of 128,162 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.
Konecranes Price Performance
Shares of OTCMKTS KNCRF remained flat at $30.29 during midday trading on Monday. Konecranes has a 1 year low of $30.29 and a 1 year high of $113.40. The business has a 50-day simple moving average of $31.11 and a two-hundred day simple moving average of $53.91.
Konecranes Company Profile
Konecranes Oyj is a Finnish industrial machinery manufacturer and service provider specializing in lifting equipment and services for a wide range of industries. The company’s core business includes the design, production and servicing of overhead cranes, hoists, jib cranes, dockside and shipyard cranes, as well as container handling equipment. Konecranes also offers digital solutions that enhance safety and productivity through remote monitoring and predictive maintenance.
Established in 1994 as an independent spin-off from the crane division of Kone Corporation, Konecranes is headquartered in Hyvinkää, Finland.
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