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

Kardex Holding AG (OTCMKTS:KRDXF) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 2,500 shares, a growth of 56.3% from the February 13th total of 1,600 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Kardex Stock Performance

Shares of OTCMKTS:KRDXF remained flat at $315.56 on Monday. Kardex has a 1 year low of $239.22 and a 1 year high of $339.60. The stock has a fifty day moving average price of $315.38 and a two-hundred day moving average price of $317.54.

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.