Konecranes Plc (OTCMKTS:KNCRF) Sees Large Decrease in Short Interest

Konecranes Plc (OTCMKTS:KNCRFGet Free Report) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 71,894 shares, a decline of 43.9% from the July 15th total of 128,162 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Konecranes Stock Performance

KNCRF stock opened at $30.29 on Wednesday. The stock has a 50-day simple moving average of $31.07 and a 200-day simple moving average of $53.02. Konecranes has a 1 year low of $30.29 and a 1 year high of $113.40.

Konecranes Company Profile

(Get Free Report)

Konecranes Oyj is a Finnish industrial machinery manufacturer and service provider specializing in lifting equipment and services for a wide range of industries. The company’s core business includes the design, production and servicing of overhead cranes, hoists, jib cranes, dockside and shipyard cranes, as well as container handling equipment. Konecranes also offers digital solutions that enhance safety and productivity through remote monitoring and predictive maintenance.

Established in 1994 as an independent spin-off from the crane division of Kone Corporation, Konecranes is headquartered in Hyvinkää, Finland.

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