Kardex Holding AG (OTCMKTS:KRDXF – Get Free Report) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 1,926 shares, a growth of 120.4% from the May 14th total of 874 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Kardex Stock Performance
Shares of OTCMKTS KRDXF opened at $268.30 on Friday. Kardex has a one year low of $236.90 and a one year high of $426.09. The company’s fifty day moving average is $324.86 and its two-hundred day moving average is $326.21.
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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