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

Kardex Holding AG (OTCMKTS:KRDXF) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 3,200 shares, a decline of 8.6% from the March 15th total of 3,500 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Kardex Price Performance

Shares of OTCMKTS KRDXF remained flat at $284.62 during midday trading on Tuesday. Kardex has a 52 week low of $182.02 and a 52 week high of $284.62. The firm’s 50-day moving average is $272.94 and its two-hundred day moving average is $238.38.

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.