Konecranes Plc (OTCMKTS:KNCRF) Short Interest Update

Konecranes Plc (OTCMKTS:KNCRF) was the target of a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 16,500 shares, a growth of 142.6% from the July 31st total of 6,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 165.0 days.

Konecranes Stock Performance

KNCRF stock remained flat at $66.70 during midday trading on Thursday. Konecranes has a 12 month low of $40.15 and a 12 month high of $66.70. The business’s fifty day moving average is $62.74 and its 200 day moving average is $56.59.

Konecranes Company Profile

Konecranes Plc manufactures, sells, and services material handling solutions. It operates through three segments: Service, Industrial Equipment, and Port Solutions. The company offers workstation lifting system, overhead cranes, hazardous environment cranes and hoists, warehouse automation, and core of lifting, such as gears, motors, and controls; and provides crane advisory services.