Kardex Holding AG (OTCMKTS:KRDXF) Sees Significant Decline in Short Interest

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

Kardex Stock Performance

Shares of Kardex stock opened at $330.34 on Tuesday. Kardex has a twelve month low of $236.90 and a twelve month high of $426.09. The business has a 50-day moving average price of $330.71 and a 200-day moving average price of $368.65.

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.

Featured Stories

Receive News & Ratings for Kardex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kardex and related companies with MarketBeat.com's FREE daily email newsletter.