Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) Short Interest Up 51.5% in September

Key Points

• Kone Oyj Unsponsored ADR's short interest increased by 51.5% in September, rising to 15,300 shares from 10,100 shares.
• The company's stock traded at $33.51, with a market capitalization of $30.37 billion and a price-to-earnings ratio of 32.53.
• Kone Oyj specializes in the elevator and escalator business, offering a range of products including maintenance services and modernized solutions.

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY - ) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 15,300 shares, a growth of 51.5% from the September 15th total of 10,100 shares. Based on an average trading volume of 250,500 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 250,500 shares, the short-interest ratio is currently 0.1 days.

Kone Oyj Stock Performance

Shares of OTCMKTS:KNYJY traded up $0.64 during trading hours on Wednesday, hitting $33.51. The stock had a trading volume of 12,898 shares, compared to its average volume of 34,932. The stock's fifty day simple moving average is $32.52 and its 200 day simple moving average is $31.47. Kone Oyj has a 1-year low of $23.14 and a 1-year high of $34.11. The firm has a market capitalization of $30.37 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 2.98 and a beta of 0.67. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.83 and a current ratio of 0.98.

About Kone Oyj

KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. The company provides elevators, escalators, and automatic building doors. It offers maintenance services; and modernization solutions. In addition, the company offers KONE Office Flow, a connected solution that allows for personalized user experiences and touch-free access; health and well-being solutions for elevators, escalators, and doors; KONE Access, an access control system, which is integrated with elevator system and building doors; KONE Destination, a destination control system that reduce waiting and travel times; KONE infotainment, a communication channel for building tenants and visitors; and monitoring solutions that enable real-time inspection of elevators and escalators.

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