Kardex Holding AG (OTCMKTS:KRDXF – Get Free Report) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 753 shares, a growth of 19.9% from the January 29th total of 628 shares. Based on an average daily trading volume, of 2 shares, the short-interest ratio is presently 376.5 days. Based on an average daily trading volume, of 2 shares, the short-interest ratio is presently 376.5 days.
Kardex Stock Performance
KRDXF stock opened at $307.33 on Friday. The firm’s 50-day moving average price is $329.16 and its two-hundred day moving average price is $358.48. 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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