dormakaba Holding AG (OTCMKTS:DRRKF) Sees Significant Decrease in Short Interest

dormakaba Holding AG (OTCMKTS:DRRKFGet Rating) saw a large drop in short interest in August. As of August 31st, there was short interest totalling 1,100 shares, a drop of 8.3% from the August 15th total of 1,200 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Wall Street Analyst Weigh In

Separately, Credit Suisse Group cut their target price on dormakaba from CHF 677 to CHF 590 in a report on Tuesday, September 13th.

dormakaba Price Performance

OTCMKTS DRRKF opened at $467.00 on Wednesday. The business has a fifty day simple moving average of $467.00 and a 200 day simple moving average of $504.82. dormakaba has a 12 month low of $467.00 and a 12 month high of $467.00.

dormakaba Company Profile

(Get Rating)

dormakaba Holding AG provides access and security solutions worldwide. The company operates through Region Americas, Region Asia Pacific, Region Europe & Africa, 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 speed and self-boarding gates.

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