Grenke AG (OTCMKTS:GKSGF – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 15,828 shares, a growth of 83.4% from the September 30th total of 8,628 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Grenke Price Performance
OTCMKTS:GKSGF opened at $12.90 on Tuesday. Grenke has a 1-year low of $12.90 and a 1-year high of $21.75. The company has a 50-day moving average of $13.16 and a 200 day moving average of $16.24.
About Grenke
Grenke AG is a Germany-based financial services company that specializes in leasing and financing solutions for small and medium-sized enterprises (SMEs). Through its leasing business, the company provides financing for office and information technology equipment, software, telecommunications systems, medical technology, and other business-related assets. Its small-ticket leasing model is primarily distributed through retail and vendor partners.
Grenke also offers factoring services, helping business customers improve liquidity by selling eligible receivables.
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