Konecranes Plc (OTCMKTS:KNCRF – Get Free Report) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 101,098 shares, a drop of 43.9% from the September 15th total of 180,146 shares. Based on an average daily volume of 964 shares, the short-interest ratio is presently 104.9 days.
Konecranes Price Performance
KNCRF stock remained flat at $37.95 during trading on Friday. The company’s 50 day moving average price is $32.74 and its 200 day moving average price is $32.09. Konecranes has a 12-month low of $30.29 and a 12-month high of $113.40.
Konecranes Company Profile
Konecranes Plc is a Finland-based industrial company that provides lifting equipment, material-handling solutions and related services for manufacturing, process industries, shipyards, ports and logistics operations. Its offerings include overhead cranes, hoists, industrial lifting systems, workstation lifting equipment and software designed to support the monitoring and management of lifting assets.
The company also supplies port equipment and automation solutions, including cranes and systems used for container handling, bulk material handling and ship-to-shore operations.
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