Kardex Holding AG (OTCMKTS:KRDXF) Short Interest Up 56.3% in February

Kardex Holding AG (OTCMKTS:KRDXF) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 2,500 shares, an increase of 56.3% from the February 13th total of 1,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Kardex Stock Performance

Shares of OTCMKTS:KRDXF remained flat at $315.56 during midday trading on Monday. The stock has a 50 day simple moving average of $315.38 and a 200 day simple moving average of $317.54. 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.