Krones AG (OTCMKTS:KRNTY – Get Free Report) was the target of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 100 shares, a drop of 50.0% from the May 15th total of 200 shares. Based on an average trading volume of 500 shares, the short-interest ratio is presently 0.2 days.
Krones Trading Down 0.9%
Krones stock opened at $81.00 on Tuesday. The stock has a fifty day moving average price of $73.92 and a 200 day moving average price of $69.97. Krones has a 52 week low of $62.30 and a 52 week high of $86.89.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Krones in a research report on Monday, May 12th.
Krones Company Profile
Krones AG, together with its subsidiaries, engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in three segments, Filling and Packaging Technology, Process Technology, and Intralogistics.
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