Short Interest in Kardex Holding AG (OTCMKTS:KRDXF) Increases By 100.0%

Kardex Holding AG (OTCMKTS:KRDXF) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 2,600 shares, an increase of 100.0% from the September 30th total of 1,300 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 26.0 days.

Kardex Stock Performance

OTCMKTS KRDXF remained flat at $328.93 during trading hours on Monday. The company’s fifty day moving average price is $313.55 and its 200 day moving average price is $277.78. Kardex has a 12-month low of $188.00 and a 12-month high of $339.60.

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.