Short Interest in Kardex Holding AG (OTCMKTS:KRDXF) Declines By 23.1%

Kardex Holding AG (OTCMKTS:KRDXF) was the recipient of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 2,000 shares, a decrease of 23.1% from the October 15th total of 2,600 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Kardex Stock Performance

Shares of KRDXF remained flat at $328.93 on Friday. Kardex has a one year low of $188.00 and a one year high of $339.60. The firm has a 50 day moving average price of $321.87 and a 200-day moving average price of $283.56.

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.