Kardex Holding AG (OTCMKTS:KRDXF – Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 1,926 shares, a growth of 120.4% from the May 14th total of 874 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.
Kardex Price Performance
Kardex stock opened at $268.30 on Monday. Kardex has a twelve month low of $236.90 and a twelve month high of $426.09. The stock has a 50 day moving average of $324.86 and a two-hundred day moving average of $326.20.
About Kardex
Kardex is a Swiss-based company specializing in automated storage and retrieval systems designed to optimize material flow and warehouse management. The firm develops, manufactures and sells high-bay storage systems, vertical lift modules, vertical buffer modules and conveyor technologies under its Kardex Remstar and Kardex Mlog brands. These solutions integrate mechanical, electronic and software components to deliver scalable, space-saving automation for a variety of industries.
The company’s product portfolio includes goods-to-person and person-to-goods systems that enhance picking accuracy and throughput.
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