Kardex Holding AG (OTCMKTS:KRDXF) Short Interest Up 100.0% in October

Kardex Holding AG (OTCMKTS:KRDXF) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 2,600 shares, an increase of 100.0% from the September 30th total of 1,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 26.0 days.

Kardex Stock Performance

Shares of KRDXF remained flat at $328.93 during trading hours on Monday. The firm has a 50-day simple moving average of $313.55 and a 200-day simple moving average of $277.78. Kardex has a twelve month low of $188.00 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.