Short Interest in Kardex Holding AG (OTCMKTS:KRDXF) Declines By 52.9%

Kardex Holding AG (OTCMKTS:KRDXF) was the recipient of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,600 shares, a drop of 52.9% from the January 31st total of 3,400 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Kardex Price Performance

OTCMKTS:KRDXF remained flat at $315.56 during midday trading on Friday. The stock’s 50 day moving average price is $315.23 and its 200 day moving average price is $314.65. Kardex has a twelve month low of $239.22 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.