Kardex Holding AG (OTCMKTS:KRDXF) Short Interest Update

Kardex Holding AG (OTCMKTS:KRDXF) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 4,700 shares, an increase of 20.5% from the October 15th total of 3,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 47.0 days.

Kardex Stock Performance

Shares of OTCMKTS KRDXF opened at $188.00 on Thursday. Kardex has a 12 month low of $167.00 and a 12 month high of $247.36. The company has a 50-day simple moving average of $202.27 and a 200-day simple moving average of $215.05.

Kardex Company Profile

Kardex Holding AG provides intralogistics solutions; and supplies automated storage solutions and materials handling systems worldwide. The company operates in two segments, Kardex Remstar and Kardex Mlog. The Kardex Remstar segment develops, produces, and maintains dynamic storage and retrieval systems.