Kardex Holding AG (OTCMKTS:KRDXF) Short Interest Down 9.7% in August

Kardex Holding AG (OTCMKTS:KRDXFGet Rating) saw a large decrease in short interest in August. As of August 31st, there was short interest totalling 9,300 shares, a decrease of 9.7% from the August 15th total of 10,300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 93.0 days.

Analyst Ratings Changes

Separately, UBS Group dropped their target price on Kardex from CHF 254 to CHF 235 in a report on Monday, June 13th.

Kardex Stock Down 5.2 %

Shares of Kardex stock opened at $152.15 on Monday. Kardex has a 52 week low of $150.99 and a 52 week high of $337.50. The business’s fifty day simple moving average is $170.21 and its 200-day simple moving average is $185.94.

About Kardex

(Get Rating)

Kardex Holding AG provides intralogistics solutions; and supplies automated storage solutions and materials handling systems worldwide. The company operates in two segments, Kardex Remstar and Kardex Mlog. The Kardex Remstar segment develops, produces, and maintains dynamic storage and retrieval systems.

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