Konecranes Plc (OTCMKTS:KNCRY – Get Free Report) was the recipient of a large growth in short interest in the month of 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 days-to-cover ratio is presently 2.1 days.
Konecranes Price Performance
OTCMKTS KNCRY remained flat at $7.35 during trading hours on Monday. The company had a trading volume of 105 shares, compared to its average volume of 2,672. Konecranes has a fifty-two week low of $3.12 and a fifty-two week high of $10.20. The firm has a fifty day moving average of $8.56 and a 200-day moving average of $12.22.
About Konecranes
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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