Kardex Holding AG (OTCMKTS:KRDXF) Short Interest Down 36.0% in March

Kardex Holding AG (OTCMKTS:KRDXF) was the target of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 1,600 shares, a decline of 36.0% from the February 28th total of 2,500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Kardex Stock Performance

KRDXF remained flat at $315.56 on Friday. The business has a fifty day simple moving average of $315.53 and a 200-day simple moving average of $318.10. Kardex has a 1 year low of $239.22 and a 1 year high of $339.60.

About Kardex

Kardex Holding AG provides intralogistics solutions; and supplies automated storage solutions and materials handling systems worldwide. It operates in two segments, Kardex Remstar and Kardex Mlog. The Kardex Remstar segment develops, produces, and maintains dynamic storage and retrieval systems. The Kardex Mlog segment offers integrated material handling systems and automated high bay warehouses.