dormakaba Holding AG (OTCMKTS:DRRKF – Get 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.
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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