Short Interest in Kardex Holding AG (OTCMKTS:KRDXF) Declines By 18.8%

Kardex Holding AG (OTCMKTS:KRDXF) saw a large decrease in short interest in March. As of March 31st, there was short interest totalling 1,300 shares, a decrease of 18.8% from the March 15th total of 1,600 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 13.0 days.

Kardex Stock Performance

Shares of OTCMKTS:KRDXF remained flat at $236.90 during mid-day trading on Friday. Kardex has a 1-year low of $236.90 and a 1-year high of $339.60. The business’s 50-day moving average is $296.15 and its 200 day moving average is $310.99.

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.