GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Otis Worldwide Corp (BSP:O1TI34) » Definitions » Short Ratio

Otis Worldwide (BSP:O1TI34) Short Ratio


View and export this data going back to 2020. Start your Free Trial

What is Otis Worldwide Short Ratio?

Short Ratio is a metric signaling prevailing investors' sentiment with a company. It represents the number of days it takes short sellers on average to repurchase all the shares short.

Due to the license agreement change with our data vendor, Short Interest related data is no longer available on GuruFocus website.


Otis Worldwide (BSP:O1TI34) Business Description

Traded in Other Exchanges
Address
One Carrier Place, Farmington, CT, USA, 06032
Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.

Otis Worldwide (BSP:O1TI34) Headlines

No Headlines