Gestamp Automoción, S.A. (OTCMKTS:GMPUF) Sees Significant Increase in Short Interest

Gestamp Automoción, S.A. (OTCMKTS:GMPUF) saw a large increase in short interest in 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 trading volume, of 100 shares, the days-to-cover ratio is currently 296.0 days.

Gestamp Automoción Price Performance

Shares of GMPUF remained flat at $2.75 on Thursday. The firm has a 50 day moving average of $2.75 and a two-hundred day moving average of $2.78. Gestamp Automoción has a 12 month low of $2.65 and a 12 month 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.