Diebold Nixdorf, Incorporated (NYSE:DBD) Short Interest Update

Diebold Nixdorf, Incorporated (NYSE:DBD) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 930,000 shares, a growth of 8.1% from the October 31st total of 860,700 shares. Currently, 2.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 175,500 shares, the short-interest ratio is presently 5.3 days.

Institutional Investors Weigh In On Diebold Nixdorf

A number of institutional investors and hedge funds have recently made changes to their positions in DBD. Amalgamated Bank purchased a new stake in shares of Diebold Nixdorf in the 2nd quarter valued at $34,000. nVerses Capital LLC acquired a new position in Diebold Nixdorf in the 2nd quarter valued at about $35,000. Summit Securities Group LLC acquired a new position in Diebold Nixdorf in the 2nd quarter valued at about $125,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Diebold Nixdorf by 215.7% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,770 shares of the technology company’s stock valued at $145,000 after acquiring an additional 2,576 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in Diebold Nixdorf in the 3rd quarter valued at about $275,000. 97.04% of the stock is owned by hedge funds and other institutional investors.

Diebold Nixdorf Trading Up 1.5 %

Shares of DBD traded up $0.69 during mid-day trading on Wednesday, reaching $47.04. The stock had a trading volume of 18,557 shares, compared to its average volume of 185,614. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.45 and a quick ratio of 0.96. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 357.10 and a beta of 1.85. The business’s fifty day moving average is $44.70 and its 200 day moving average is $42.49. Diebold Nixdorf has a 52-week low of $25.63 and a 52-week high of $51.81.

Analyst Ratings Changes

DBD has been the subject of a number of recent research reports. DA Davidson increased their target price on shares of Diebold Nixdorf from $55.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, August 9th. Wedbush reissued an “outperform” rating and issued a $50.00 price objective on shares of Diebold Nixdorf in a report on Monday, November 4th. Finally, StockNews.com lowered shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a report on Friday, October 11th.

About Diebold Nixdorf

Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.