Konecranes Plc (OTCMKTS:KNCRF – Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 52,406 shares, an increase of 21.6% from the December 15th total of 43,112 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Konecranes Stock Performance
Konecranes stock opened at $93.50 on Monday. Konecranes has a 52-week low of $57.29 and a 52-week high of $93.50. The company’s 50 day moving average is $93.25 and its two-hundred day moving average is $89.21.
About Konecranes
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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