Short Interest in Kardex Holding AG (OTCMKTS:KRDXF) Decreases By 14.3%

Kardex Holding AG (OTCMKTS:KRDXFGet Free Report) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 514 shares, a decrease of 14.3% from the December 31st total of 600 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Kardex Price Performance

OTCMKTS KRDXF opened at $330.34 on Wednesday. Kardex has a one year low of $236.90 and a one year high of $426.09. The company’s 50-day simple moving average is $330.80 and its two-hundred day simple moving average is $368.36.

Kardex Company Profile

(Get Free Report)

Kardex is a Swiss-based company specializing in automated storage and retrieval systems designed to optimize material flow and warehouse management. The firm develops, manufactures and sells high-bay storage systems, vertical lift modules, vertical buffer modules and conveyor technologies under its Kardex Remstar and Kardex Mlog brands. These solutions integrate mechanical, electronic and software components to deliver scalable, space-saving automation for a variety of industries.

The company’s product portfolio includes goods-to-person and person-to-goods systems that enhance picking accuracy and throughput.

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