Konecranes Plc (OTCMKTS:KNCRF) Short Interest Down 8.6% in November

Konecranes Plc (OTCMKTS:KNCRF) was the recipient of a large decrease in short interest in November. As of November 15th, there was short interest totalling 13,800 shares, a decrease of 8.6% from the October 31st total of 15,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 138.0 days.

Konecranes Price Performance

Shares of Konecranes stock opened at $65.50 on Tuesday. Konecranes has a fifty-two week low of $40.15 and a fifty-two week high of $71.18. The business’s fifty day moving average is $66.64 and its two-hundred day moving average is $63.92.

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.