Konecranes Plc (OTCMKTS:KNCRY – Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 2,429 shares, a drop of 84.8% from the October 15th total of 15,975 shares. Based on an average trading volume of 269 shares, the days-to-cover ratio is presently 9.0 days.
Konecranes Price Performance
Konecranes stock opened at $7.90 on Wednesday. The company has a 50 day moving average price of $8.44 and a 200-day moving average price of $11.30. Konecranes has a fifty-two week low of $3.12 and a fifty-two week high of $10.20.
Konecranes Company Profile
Konecranes Plc is a Finland-based company that designs, manufactures, and services lifting and material-handling equipment. Its offerings include industrial cranes, hoists, lifting components, workplace lifting systems, and related digital technologies used to improve the safety, efficiency, and productivity of industrial operations. The company also provides equipment and solutions for ports and intermodal terminals. These include ship-to-shore cranes, rubber-tired and automated stacking cranes, lift trucks, reach stackers, and software for managing and automating container-handling operations.
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