Kardex Holding AG (OTCMKTS:KRDXF – Get Free Report) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 628 shares, an increase of 22.2% from the January 15th total of 514 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.
Kardex Price Performance
KRDXF stock opened at $325.00 on Tuesday. The stock has a 50-day moving average price of $330.84 and a two-hundred day moving average price of $365.50. Kardex has a 12-month low of $236.90 and a 12-month high of $426.09.
About Kardex
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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