Kardex Holding AG (OTCMKTS:KRDXF – Get Free Report) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 4,914 shares, a growth of 155.1% from the May 31st total of 1,926 shares. Based on an average daily volume of 1 shares, the days-to-cover ratio is presently 4,914.0 days.
Kardex Price Performance
Shares of OTCMKTS KRDXF opened at $285.00 on Monday. Kardex has a 12-month low of $268.30 and a 12-month high of $426.09. The stock’s 50 day simple moving average is $315.43 and its 200 day simple moving average is $322.53.
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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