Short Interest in Kardex Holding AG (OTCMKTS:KRDXF) Decreases By 57.7%

Kardex Holding AG (OTCMKTS:KRDXF) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 1,100 shares, a drop of 57.7% from the November 30th total of 2,600 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Kardex Stock Performance

Shares of OTCMKTS:KRDXF opened at $314.82 on Friday. The firm has a 50 day simple moving average of $323.33 and a 200-day simple moving average of $293.71. Kardex has a twelve month low of $236.55 and a twelve month high of $339.60.

Kardex Company Profile

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.