Geberit AG (OTCMKTS:GBERY) Short Interest Down 62.7% in June

Geberit AG (OTCMKTS:GBERY) saw a large decline in short interest in June. As of June 15th, there was short interest totalling 2,200 shares, a decline of 62.7% from the May 31st total of 5,900 shares. Based on an average daily trading volume, of 6,100 shares, the days-to-cover ratio is currently 0.4 days.

Geberit Trading Down 0.9 %

Shares of GBERY stock opened at $59.87 on Friday. The stock has a fifty day simple moving average of $59.44 and a two-hundred day simple moving average of $59.26. Geberit has a 52-week low of $46.08 and a 52-week high of $64.23.

Geberit Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, May 8th. Investors of record on Monday, April 22nd were given a dividend of $0.8645 per share. The ex-dividend date of this dividend was Friday, April 19th. This is a boost from Geberit’s previous dividend of $0.84. Geberit’s dividend payout ratio (DPR) is currently 35.40%.

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.