Kardex Holding AG (OTCMKTS:KRDXF – Get Free Report) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 753 shares, an increase 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 currently 376.5 days. Based on an average daily trading volume, of 2 shares, the short-interest ratio is currently 376.5 days.
Kardex Price Performance
OTCMKTS:KRDXF opened at $323.41 on Thursday. The business has a 50 day simple moving average of $329.62 and a 200-day simple moving average of $358.83. Kardex has a 1 year low of $236.90 and a 1 year 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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