Short Interest in Kardex Holding AG (OTCMKTS:KRDXF) Decreases By 36.0%

Kardex Holding AG (OTCMKTS:KRDXF) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 1,600 shares, a decline of 36.0% from the February 28th total of 2,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Kardex Stock Performance

Kardex stock remained flat at $315.56 during mid-day trading on Friday. Kardex has a 1-year low of $239.22 and a 1-year high of $339.60. The firm has a 50 day moving average price of $315.53 and a two-hundred day moving average price of $318.03.

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.