Konecranes Plc (OTCMKTS:KNCRF – Get Free Report) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 77,806 shares, a growth of 78.9% from the February 26th total of 43,494 shares. Based on an average daily volume of 35 shares, the days-to-cover ratio is presently 2,223.0 days.
Konecranes Price Performance
KNCRF stock opened at $32.63 on Friday. Konecranes has a 12 month low of $32.63 and a 12 month high of $113.40. The company’s 50-day moving average price is $102.29 and its two-hundred day moving average price is $95.44.
About Konecranes
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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