Geberit AG (OTCMKTS:GBERY) Sees Large Growth in Short Interest

Geberit AG (OTCMKTS:GBERY) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 2,900 shares, an increase of 625.0% from the January 31st total of 400 shares. Based on an average daily volume of 15,400 shares, the short-interest ratio is currently 0.2 days.

Geberit Stock Performance

Shares of OTCMKTS GBERY traded down $0.18 during mid-day trading on Friday, reaching $58.76. The company had a trading volume of 8,156 shares, compared to its average volume of 12,140. Geberit has a 1-year low of $52.36 and a 1-year high of $66.52. The company has a 50-day moving average price of $56.57 and a two-hundred day moving average price of $59.71.

About Geberit

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.