Geberit AG (OTCMKTS:GBERY) Short Interest Up 79.5% in May

Geberit AG (OTCMKTS:GBERY) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 5,353 shares, a growth of 79.5% from the May 14th total of 2,983 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 43,237 shares, the days-to-cover ratio is presently 0.1 days.

Geberit Trading Up 0.5%

GBERY stock traded up $0.34 during midday trading on Tuesday, hitting $65.40. The company had a trading volume of 16,472 shares, compared to its average volume of 14,967. Geberit has a 52 week low of $61.41 and a 52 week high of $84.91. The stock’s 50 day moving average price is $66.26 and its 200 day moving average price is $73.09. The stock has a market cap of $22.19 billion and a price-to-earnings ratio of 52.67.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Geberit to a “hold” rating in a research report on Wednesday, May 13th. Four investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce”.

About Geberit

Geberit AG is a Swiss-based manufacturer specializing in sanitary products and systems for residential, commercial and industrial applications. Headquartered in Rapperswil-Jona, Switzerland, the company develops and supplies installation systems, bathroom ceramics, faucets and piping solutions. Its product range encompasses concealed cisterns, flush plates, wall-hung toilets, washbasins, shower trays and underfloor heating systems, complemented by digital bathroom controls and smart water management technologies.

Founded in 1874, Geberit evolved from a regional metalworking business into a global market leader in sanitary technology.