Konecranes Plc (OTCMKTS:KNCRF) Sees Large Decline in Short Interest

Konecranes Plc (OTCMKTS:KNCRF) was the target of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 13,700 shares, a decrease of 25.9% from the January 31st total of 18,500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

Konecranes Price Performance

KNCRF remained flat at $74.05 during trading on Wednesday. Konecranes has a 52 week low of $51.93 and a 52 week high of $74.35. The company has a fifty day moving average price of $66.41 and a 200 day moving average price of $66.38.

About Konecranes

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.