Short Interest in Geberit AG (OTCMKTS:GBERY) Rises By 766.7%

by · The Cerbat Gem

Geberit AG (OTCMKTS:GBERY – Get Free Report) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 5,200 shares, an increase of 766.7% from the October 31st total of 600 shares. Based on an average daily trading volume, of 22,000 shares, the days-to-cover ratio is currently 0.2 days.

Geberit Stock Performance

Shares of OTCMKTS GBERY traded up $0.55 during midday trading on Friday, reaching $59.34. 5,181 shares of the company were exchanged, compared to its average volume of 5,189. Geberit has a one year low of $52.36 and a one year high of $66.52. The stock’s 50-day moving average price is $61.02 and its 200-day moving average price is $61.51.

Geberit Company Profile

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Geberit AG develops, produces, and distributes sanitary products and systems for the residential and commercial construction industry in Switzerland and internationally. The company offers installation and flushing systems, such as installation technology and flushing systems for toilets, including cisterns and fittings; and piping systems consisting of building drainage and supply systems, as well as piping technology for use in buildings for drinking water, heating, gas, and other media.

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