Short Interest in dormakaba Holding AG (OTCMKTS:DRRKF) Declines By 33.3%

dormakaba Holding AG (OTCMKTS:DRRKF) was the target of a significant drop in short interest in January. As of January 31st, there was short interest totalling 200 shares, a drop of 33.3% from the January 15th total of 300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2.0 days.

dormakaba Stock Performance

Shares of OTCMKTS DRRKF remained flat at $689.66 during midday trading on Friday. The business’s 50-day moving average price is $723.47 and its 200-day moving average price is $684.52. dormakaba has a one year low of $491.00 and a one year high of $745.00.

About dormakaba

dormakaba Holding AG provides access and security solutions worldwide. 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. The company also provides electronic access and data that include access readers, terminals, electronic fittings, and locking cylinders; mechanical cylinder lock and master key systems; lodging systems comprising electronic door locks, and perimeter and facility readers, as well as mobile access solutions; safe locks; movable walls; and key blanks and key cutting machines under the Silca, Ilco, and Advanced Diagnostics brand names.