dormakaba Holding AG (OTCMKTS:DRRKF) Short Interest Down 10.0% in August

dormakaba Holding AG (OTCMKTS:DRRKF) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totalling 900 shares, a decline of 10.0% from the August 15th total of 1,000 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

dormakaba Price Performance

Shares of DRRKF remained flat at $388.56 during trading hours on Monday. The stock had a trading volume of 2 shares, compared to its average volume of 100. The company’s 50-day moving average is $388.56 and its two-hundred day moving average is $386.87. dormakaba has a 12-month low of $335.15 and a 12-month high of $388.56.

Wall Street Analyst Weigh In

Separately, UBS Group boosted their target price on shares of dormakaba from GBX 400 ($4.95) to GBX 420 ($5.20) in a report on Thursday, August 24th.

dormakaba Company Profile

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.