Konecranes Plc (OTCMKTS:KNCRY – Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 15,975 shares, a growth of 1,872.2% from the September 30th total of 810 shares. Based on an average daily trading volume, of 7,432 shares, the short-interest ratio is presently 2.1 days.
Konecranes Stock Performance
Shares of OTCMKTS KNCRY remained flat at $7.35 during midday trading on Monday. The stock had a trading volume of 105 shares, compared to its average volume of 2,672. The firm has a 50-day moving average price of $8.56 and a two-hundred day moving average price of $12.22. Konecranes has a 52 week low of $3.12 and a 52 week high of $10.20.
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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