Konecranes Plc (OTCMKTS:KNCRF) Short Interest Up 33.1% in January

Konecranes Plc (OTCMKTS:KNCRF) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 18,500 shares, an increase of 33.1% from the January 15th total of 13,900 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 185.0 days.

Konecranes Price Performance

Shares of KNCRF stock remained flat at $64.70 on Friday. Konecranes has a twelve month low of $44.81 and a twelve month high of $71.18. The stock’s 50-day moving average price is $64.81 and its 200-day moving average price is $65.65.

About Konecranes

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.