Short Interest in Grenke AG (OTCMKTS:GKSGF) Expands By 9.8%

Grenke AG (OTCMKTS:GKSGFGet Free Report) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 558,000 shares, an increase of 9.8% from the July 31st total of 508,100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Grenke Trading Up 23.9 %

Grenke stock opened at 35.00 on Thursday. The stock has a fifty day moving average price of 35.00 and a 200 day moving average price of 32.45. Grenke has a 52 week low of 21.56 and a 52 week high of 35.00.

Analysts Set New Price Targets

Separately, Pareto Securities raised Grenke from a “hold” rating to a “buy” rating in a research report on Friday, June 30th.

Check Out Our Latest Stock Report on Grenke

About Grenke

(Get Free Report)

Grenke AG, together with its subsidiaries, provides financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally. It operates through three segments: Leasing, Banking, and Factoring. The company is involved in the leasing activities, such as financing to commercial lessees, leasing, service, protection, and maintenance offerings, as well as sale of used equipment; and small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, peripheral equipment, software, telecommunication and copier equipment, and medical devices, as well as other IT products.

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