Short Interest in Konecranes Plc (OTCMKTS:KNCRY) Grows By 100.0%

Konecranes Plc (OTCMKTS:KNCRY) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 200 shares, a growth of 100.0% from the June 30th total of 100 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Konecranes Price Performance

Shares of Konecranes stock remained flat at $12.24 during trading on Friday. The company had a trading volume of 300 shares, compared to its average volume of 3,069. Konecranes has a 12 month low of $5.89 and a 12 month high of $12.72. The stock has a 50-day simple moving average of $10.93 and a 200-day simple moving average of $10.30.

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.