Geberit AG (OTCMKTS:GBERY) Short Interest Up 386.6% in May

Geberit AG (OTCMKTS:GBERY) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 2,983 shares, an increase of 386.6% from the April 30th total of 613 shares. Based on an average daily trading volume, of 25,688 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Geberit Trading Down 0.3%

Shares of OTCMKTS:GBERY traded down $0.22 during midday trading on Thursday, hitting $64.37. The company had a trading volume of 22,050 shares, compared to its average volume of 13,786. Geberit has a 12 month low of $62.49 and a 12 month high of $84.91. The stock has a market cap of $21.84 billion and a price-to-earnings ratio of 52.67. The firm has a fifty day simple moving average of $67.18 and a 200 day simple moving average of $74.36.

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.