Konecranes Plc (OTCMKTS:KNCRF) Short Interest Up 33.1% in January

Konecranes Plc (OTCMKTS:KNCRF) was the recipient of a large growth in short interest in January. As of January 31st, there was short interest totalling 18,500 shares, a growth of 33.1% from the January 15th total of 13,900 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 185.0 days.

Konecranes Stock Performance

KNCRF remained flat at $64.70 during midday trading on Friday. Konecranes has a 52-week low of $44.81 and a 52-week high of $71.18. The business’s fifty day simple moving average is $64.81 and its 200 day simple moving average is $65.65.

Konecranes Company Profile

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.