Kardex Holding AG (OTCMKTS:KRDXF) Short Interest Up 73.4% in December

Kardex Holding AG (OTCMKTS:KRDXFGet Free Report) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 600 shares, an increase of 73.4% from the December 15th total of 346 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Kardex Stock Performance

Shares of KRDXF remained flat at $330.34 during trading hours on Thursday. The business has a 50-day moving average price of $335.56 and a 200 day moving average price of $369.52. Kardex has a 1 year low of $236.90 and a 1 year high of $426.09.

Kardex Company Profile

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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.

Further Reading

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