Short Interest in Konecranes Plc (OTCMKTS:KNCRF) Declines By 39.4%

Konecranes Plc (OTCMKTS:KNCRF) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 6,600 shares, a drop of 39.4% from the September 15th total of 10,900 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 66.0 days.

Konecranes Trading Down 1.0 %

OTCMKTS KNCRF opened at $66.00 on Monday. Konecranes has a fifty-two week low of $40.15 and a fifty-two week high of $66.70. The business’s fifty day moving average is $65.88 and its 200 day moving average is $60.31.

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.