Short Interest in Konecranes Plc (OTCMKTS:KNCRF) Drops By 25.9%

Konecranes Plc (OTCMKTS:KNCRF) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 13,700 shares, a decline of 25.9% from the January 31st total of 18,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Konecranes Stock Performance

OTCMKTS:KNCRF remained flat at $74.05 during mid-day trading on Tuesday. Konecranes has a 52 week low of $51.93 and a 52 week high of $74.35. The firm’s 50 day moving average price is $66.22 and its 200-day moving average price is $66.33.

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.