Konecranes Plc (OTCMKTS:KNCRF) Stock Short Interest Jumps 86.0%

Konecranes Plc (OTCMKTS:KNCRF – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 188,049 shares, an increase of 86.0% from the September 30th total of 101,098 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.

Konecranes Price Performance

Shares of OTCMKTS KNCRF opened at $37.95 on Tuesday. Konecranes has a 12 month low of $30.29 and a 12 month high of $113.40. The firm’s 50 day simple moving average is $34.58 and its 200-day simple moving average is $50.23.

About Konecranes

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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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