Konecranes Plc (OTCMKTS:KNCRY – Get Free Report) saw a large decrease in short interest in October. As of October 30th, there was short interest totaling 2,429 shares, a decrease of 84.8% from the October 15th total of 15,975 shares. Based on an average trading volume of 269 shares, the short-interest ratio is currently 9.0 days.
Konecranes Price Performance
OTCMKTS KNCRY opened at $7.90 on Wednesday. The company’s 50-day simple moving average is $8.44 and its two-hundred day simple moving average is $11.30. Konecranes has a one year low of $3.12 and a one year high of $10.20.
About Konecranes
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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