Grenke AG (OTCMKTS:GKSGF) Short Interest Update
by Mitch Edgeman · The Markets DailyGrenke AG (OTCMKTS:GKSGF – Get Free Report) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 6,677 shares, a drop of 48.3% from the July 15th total of 12,924 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.
Grenke Stock Performance
Shares of OTCMKTS:GKSGF remained flat at $17.27 during trading on Friday. The firm has a 50-day moving average price of $17.27 and a 200-day moving average price of $17.27. Grenke has a 52 week low of $17.27 and a 52 week high of $21.75.
About Grenke
Grenke AG, headquartered in Baden-Baden, Germany, is a specialist in asset financing solutions for small and medium-sized enterprises. Established in 1978 by Wolfgang Grenke, the company pioneered leasing as an alternative to traditional bank lending for office technology and IT equipment, providing businesses with flexible financing that preserves working capital.
The company’s core product suite includes leasing of printers, copiers, IT hardware, telecommunication devices and software.