Kardex Holding AG (OTCMKTS:KRDXF) Sees Large Increase in Short Interest

Kardex Holding AG (OTCMKTS:KRDXF) saw a large growth in short interest in September. As of September 15th, there was short interest totalling 600 shares, a growth of 20.0% from the August 31st total of 500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 6.0 days.

Kardex Stock Performance

OTCMKTS KRDXF traded up $19.09 on Monday, hitting $328.00. 15 shares of the company’s stock were exchanged, compared to its average volume of 96. The firm’s 50-day moving average price is $284.09 and its two-hundred day moving average price is $272.42. Kardex has a fifty-two week low of $182.02 and a fifty-two week high of $328.05.

Kardex Company Profile

Kardex Holding AG provides intralogistics solutions; and supplies automated storage solutions and materials handling systems worldwide. It operates in two segments, Kardex Remstar and Kardex Mlog. The Kardex Remstar segment develops, produces, and maintains dynamic storage and retrieval systems. The Kardex Mlog segment offers integrated material handling systems and automated high bay warehouses.