Konecranes Plc (OTCMKTS:KNCRF) Short Interest Up 7.9% in August

Konecranes Plc (OTCMKTS:KNCRF) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 6,800 shares, an increase of 7.9% from the August 15th total of 6,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Konecranes Price Performance

Shares of OTCMKTS:KNCRF opened at $40.15 on Tuesday. The company’s fifty day moving average is $40.15 and its two-hundred day moving average is $35.17. Konecranes has a 12-month low of $39.62 and a 12-month high of $42.00.

Konecranes Company Profile

Konecranes Plc manufactures, sells, and services lifting equipment. It operates through three segments: Service, Industrial Equipment, and Port Solutions. The company offers specialized maintenance services and spare parts for industrial cranes and hoists. In addition, it provides a range of industrial cranes for general manufacturing and various process industries, as well as involved in design and manufacture of crane components.