Heidelberger Druckmaschinen Aktiengesellschaft (OTCMKTS:HBGRF) Sees Significant Drop in Short Interest

Heidelberger Druckmaschinen Aktiengesellschaft (OTCMKTS:HBGRF) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 74,274 shares, a decrease of 39.1% from the June 15th total of 121,943 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 247.6 days.

Heidelberger Druckmaschinen Aktiengesellschaft Price Performance

Shares of OTCMKTS:HBGRF opened at $1.70 on Friday. The business’s 50 day moving average price is $1.75 and its 200-day moving average price is $1.94. Heidelberger Druckmaschinen Aktiengesellschaft has a 1 year low of $1.58 and a 1 year high of $2.43.

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.