Konecranes Plc (OTCMKTS:KNCRF) Short Interest Up 142.3% in February

Konecranes Plc (OTCMKTS:KNCRF) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 33,200 shares, an increase of 142.3% from the February 13th total of 13,700 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is currently 110.7 days.

Konecranes Stock Performance

KNCRF remained flat at $74.05 during trading on Friday. The company’s stock had a trading volume of 1 shares, compared to its average volume of 700. Konecranes has a 12-month low of $51.93 and a 12-month high of $74.35. The business’s fifty day simple moving average is $67.90 and its two-hundred day simple moving average is $66.79.

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.