dormakaba Holding AG (OTCMKTS:DRRKF) Sees Large Drop in Short Interest

dormakaba Holding AG (OTCMKTS:DRRKF) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 300 shares, a drop of 84.2% from the December 15th total of 1,900 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

dormakaba Price Performance

OTCMKTS DRRKF remained flat at $726.15 during trading hours on Monday. 15 shares of the company were exchanged, compared to its average volume of 309. dormakaba has a 1-year low of $491.00 and a 1-year high of $745.00. The company’s 50 day simple moving average is $741.02 and its two-hundred day simple moving average is $646.72.

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.