Geberit AG (OTCMKTS:GBERY) Short Interest Update

Geberit AG (OTCMKTS:GBERY) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 2,519 shares, a drop of 69.2% from the July 15th total of 8,180 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 34,141 shares, the short-interest ratio is currently 0.1 days.

Geberit Stock Performance

GBERY stock opened at $66.67 on Friday. Geberit has a 52-week low of $61.41 and a 52-week high of $84.91. The stock’s 50 day moving average is $65.48 and its two-hundred day moving average is $69.42.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Zacks Research raised shares of Geberit to a “hold” rating in a research note on Wednesday, May 13th. Morgan Stanley restated an “underweight” rating on shares of Geberit in a research note on Thursday, July 2nd. Four investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus 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.