Konecranes Plc (OTCMKTS:KNCRF) Sees Significant Increase in Short Interest

Konecranes Plc (OTCMKTS:KNCRF) saw a large increase in short interest in July. As of July 15th, there was short interest totalling 49,400 shares, an increase of 124.5% from the June 30th total of 22,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Konecranes Stock Performance

Shares of OTCMKTS:KNCRF remained flat at $61.35 during trading on Friday. The firm has a fifty day simple moving average of $60.29 and a 200 day simple moving average of $53.46. Konecranes has a fifty-two week low of $40.15 and a fifty-two week high of $61.35.

Konecranes Company Profile

Konecranes Plc manufactures, sells, and services material handling solutions. It operates through three segments: Service, Industrial Equipment, and Port Solutions. The company offers workstation lifting system, overhead cranes, hazardous environment cranes and hoists, warehouse automation, and core of lifting, such as gears, motors, and controls; and provides crane advisory services.