Geberit AG (OTCMKTS:GBERF) Sees Significant Drop in Short Interest

Geberit AG (OTCMKTS:GBERF) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 258,000 shares, a decrease of 14.4% from the February 28th total of 301,300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 2,580.0 days.

Geberit Stock Performance

Geberit stock remained flat at $627.39 during mid-day trading on Wednesday. Geberit has a twelve month low of $503.56 and a twelve month high of $670.00. The business has a fifty day moving average of $590.90 and a two-hundred day moving average of $595.48.

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.