Kardex Holding AG (OTCMKTS:KRDXF – Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 874 shares, an increase of 29,033.3% from the April 15th total of 3 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Kardex Price Performance
Shares of KRDXF opened at $328.47 on Wednesday. The company’s fifty day moving average is $323.00 and its two-hundred day moving average is $332.93. Kardex has a 1 year low of $236.90 and a 1 year high of $426.09.
Kardex Company Profile
Kardex is a Swiss-based company specializing in automated storage and retrieval systems designed to optimize material flow and warehouse management. The firm develops, manufactures and sells high-bay storage systems, vertical lift modules, vertical buffer modules and conveyor technologies under its Kardex Remstar and Kardex Mlog brands. These solutions integrate mechanical, electronic and software components to deliver scalable, space-saving automation for a variety of industries.
The company’s product portfolio includes goods-to-person and person-to-goods systems that enhance picking accuracy and throughput.
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