Short Interest in Heidelberger Druckmaschinen Aktiengesellschaft (OTCMKTS:HBGRF) Declines By 40.6%

Heidelberger Druckmaschinen Aktiengesellschaft (OTCMKTS:HBGRF) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 22,731 shares, a decline of 40.6% from the August 15th total of 38,254 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Heidelberger Druckmaschinen Aktiengesellschaft Price Performance

OTCMKTS:HBGRF remained flat at $1.70 during trading hours on Thursday. Heidelberger Druckmaschinen Aktiengesellschaft has a fifty-two week low of $1.58 and a fifty-two week high of $2.43. The business has a fifty day moving average price of $1.70 and a 200-day moving average price of $1.80.

About Heidelberger Druckmaschinen Aktiengesellschaft

Heidelberger Druckmaschinen Aktiengesellschaft, commonly known as Heidelberg, is a German precision mechanical engineering company headquartered in Heidelberg, Germany. Tracing its roots back to the mid-19th century, the company has grown into a leading global manufacturer of printing presses and related technologies. Its core offerings include sheetfed offset presses—most notably the Speedmaster series—digital printing systems under the Primefire brand, finishing equipment and a comprehensive range of consumables such as inks, blankets and chemicals.

In addition to hardware, Heidelberg provides a suite of software and services designed to streamline print shop operations.