dormakaba Holding AG (OTCMKTS:DRRKF) Short Interest Update

dormakaba Holding AG (OTCMKTS:DRRKFGet Rating) was the target of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 2,400 shares, a decline of 20.0% from the May 15th total of 3,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

DRRKF has been the topic of several research reports. Credit Suisse Group lowered their price objective on shares of dormakaba from CHF 744 to CHF 677 in a research report on Monday, March 14th. Oddo Bhf lowered shares of dormakaba from a “neutral” rating to an “underperform” rating in a research report on Wednesday, March 23rd.

OTCMKTS DRRKF opened at $467.00 on Friday. dormakaba has a 12-month low of $467.00 and a 12-month high of $467.00. The company’s 50 day moving average is $471.16 and its 200-day moving average is $604.22.

About dormakaba (Get Rating)

dormakaba Holding AG provides access and security solutions worldwide. The company operates through Access Solutions AMER, Access Solutions APAC, Access Solutions DACH, Access Solutions EMEA, and Key?&?Wall Solutions segments. It offers door hardware products, such as door closer systems, door locks, and escape route systems; and entrance systems, including sliding, revolving, swing doors, as well as sensor barriers and personal interlocks.

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