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

Konecranes Plc (OTCMKTS:KNCRF) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 8,100 shares, an increase of 22.7% from the September 30th total of 6,600 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Konecranes Stock Performance

Shares of OTCMKTS KNCRF remained flat at $66.00 during trading on Wednesday. Konecranes has a twelve month low of $40.15 and a twelve month high of $66.70. The stock’s 50-day moving average is $66.24 and its 200-day moving average is $61.53.

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.