Konecranes Plc (OTCMKTS:KNCRF – Get Free Report) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 71,894 shares, a drop of 43.9% from the July 15th total of 128,162 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.
Konecranes Stock Performance
Shares of OTCMKTS:KNCRF remained flat at $30.29 during trading on Tuesday. Konecranes has a 52 week low of $30.29 and a 52 week high of $113.40. The firm has a 50-day moving average price of $31.09 and a 200-day moving average price of $53.46.
Konecranes Company Profile
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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