Konecranes Plc (OTCMKTS:KNCRF – Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 116,678 shares, a decrease of 39.7% from the April 30th total of 193,524 shares. Based on an average daily volume of 421 shares, the short-interest ratio is currently 277.1 days.
Konecranes Stock Performance
OTCMKTS KNCRF opened at $31.41 on Tuesday. The business has a fifty day moving average price of $39.00 and a two-hundred day moving average price of $77.55. Konecranes has a fifty-two week low of $30.35 and a fifty-two week high of $113.40.
Konecranes Company Profile
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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