Geberit AG (OTCMKTS:GBERF) Sees Large Increase in Short Interest

Geberit AG (OTCMKTS:GBERF – Get Rating) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 89,500 shares, a growth of 20.5% from the March 31st total of 74,300 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 895.0 days.

Shares of OTCMKTS:GBERF remained flat at $$585.34 during midday trading on Tuesday. The stock has a 50-day moving average price of $602.68 and a 200-day moving average price of $697.50. Geberit has a 1 year low of $585.00 and a 1 year high of $865.92.

Geberit Company Profile (Get Rating)

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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