Gestamp Automoción, S.A. (OTCMKTS:GMPUF) Sees Large Increase in Short Interest
by Mitch Edgeman · The Markets DailyGestamp Automoción, S.A. (OTCMKTS:GMPUF – Get Free Report) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 29,600 shares, an increase of 419.3% from the November 30th total of 5,700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 296.0 days.
Gestamp Automoción Stock Performance
OTCMKTS GMPUF remained flat at $2.75 on Friday. The stock has a 50 day moving average price of $2.75 and a 200 day moving average price of $2.78. Gestamp Automoción has a 1-year low of $2.65 and a 1-year high of $3.65.
Gestamp Automoción Company Profile
Gestamp Automoción, SA designs, develops, manufactures, and sells metal automotive components in Western Europe, Eastern Europe, Mercosur, North America, and Asia. The company offers body-in-white products, such as bonnets, roofs, doors, and mudguards, as well as other surface and assembly parts; and structural and crash-related elements that include floors, pillars, rails, and wheel arches.
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