Konecranes Plc (OTCMKTS:KNCRY – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 15,975 shares, an increase of 1,872.2% from the September 30th total of 810 shares. Based on an average trading volume of 7,432 shares, the days-to-cover ratio is presently 2.1 days.
Konecranes Price Performance
Shares of OTCMKTS KNCRY opened at $7.35 on Tuesday. Konecranes has a 52-week low of $3.12 and a 52-week high of $10.20. The business’s 50 day moving average is $8.56 and its two-hundred day moving average is $12.22.
Konecranes Company Profile
Konecranes Plc is a Finland-based industrial equipment and services company specializing in material handling. The company designs, manufactures, installs and maintains lifting equipment and systems used in manufacturing, shipyards, ports, terminals, warehouses and other industrial environments.
Its product portfolio includes industrial cranes, overhead cranes, lifting components, hoists, workstation lifting systems, port cranes, automated container-handling equipment and related software.
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