Kardex Holding AG (OTCMKTS:KRDXF – Get Free Report) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 4,914 shares, an increase of 155.1% from the May 31st total of 1,926 shares. Based on an average daily volume of 1 shares, the days-to-cover ratio is presently 4,914.0 days.
Kardex Price Performance
Kardex stock opened at $285.00 on Monday. Kardex has a 52-week low of $268.30 and a 52-week high of $426.09. The firm has a 50-day moving average price of $315.43 and a two-hundred day moving average price of $322.53.
About Kardex
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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