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

Kardex Holding AG (OTCMKTS:KRDXF) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,600 shares, a decline of 36.0% from the February 28th total of 2,500 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Kardex Price Performance

Kardex stock remained flat at $315.56 during midday trading on Friday. Kardex has a one year low of $239.22 and a one year high of $339.60. The stock has a 50 day moving average price of $315.53 and a 200-day moving average price of $318.03.

About Kardex

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.