Konecranes Plc (OTCMKTS:KNCRF – Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 188,049 shares, a growth of 86.0% from the September 30th total of 101,098 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Konecranes Stock Performance
Shares of KNCRF remained flat at $37.95 during trading hours on Monday. The business’s 50-day moving average price is $34.43 and its two-hundred day moving average price is $50.51. Konecranes has a 52-week low of $30.29 and a 52-week high of $113.40.
About Konecranes
Konecranes Plc is a Finland-based industrial company that provides lifting equipment, material-handling solutions and related services for manufacturing, process industries, shipyards, ports and logistics operations. Its offerings include overhead cranes, hoists, industrial lifting systems, workstation lifting equipment and software designed to support the monitoring and management of lifting assets.
The company also supplies port equipment and automation solutions, including cranes and systems used for container handling, bulk material handling and ship-to-shore operations.
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