Kardex Holding AG (OTCMKTS:KRDXF) Short Interest Up 22.2% in January

Kardex Holding AG (OTCMKTS:KRDXF) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 628 shares, a growth of 22.2% from the January 15th total of 514 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Kardex Stock Performance

Shares of KRDXF stock opened at $325.00 on Thursday. Kardex has a 12 month low of $236.90 and a 12 month high of $426.09. The stock has a 50 day moving average of $330.77 and a two-hundred day moving average of $364.86.

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.