Short Interest in Konecranes Plc (OTCMKTS:KNCRF) Rises By 169.6%

Konecranes Plc (OTCMKTS:KNCRFGet Free Report) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 43,112 shares, an increase of 169.6% from the November 30th total of 15,991 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Konecranes Price Performance

Shares of KNCRF stock opened at $93.50 on Friday. Konecranes has a one year low of $57.29 and a one year high of $93.50. The company has a 50 day moving average price of $92.70 and a 200 day moving average price of $87.56.

About Konecranes

(Get Free Report)

Konecranes Oyj is a Finnish industrial machinery manufacturer and service provider specializing in lifting equipment and services for a wide range of industries. The company’s core business includes the design, production and servicing of overhead cranes, hoists, jib cranes, dockside and shipyard cranes, as well as container handling equipment. Konecranes also offers digital solutions that enhance safety and productivity through remote monitoring and predictive maintenance.

Established in 1994 as an independent spin-off from the crane division of Kone Corporation, Konecranes is headquartered in Hyvinkää, Finland.

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