Georg Fischer AG (OTCMKTS:FCHRF) Sees Large Drop in Short Interest

Georg Fischer AG (OTCMKTS:FCHRF) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totalling 38,900 shares, a decrease of 9.7% from the May 31st total of 43,100 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Georg Fischer Stock Performance

Shares of OTCMKTS:FCHRF opened at $75.98 on Wednesday. Georg Fischer has a 12 month low of $55.00 and a 12 month high of $77.31. The company’s fifty day moving average price is $75.98 and its 200 day moving average price is $71.37.

About Georg Fischer

Georg Fischer AG engages in the provision of piping systems, and casting and machining solutions in Europe, the Americas, Asia, and internationally. The company operates through four division: GF Piping Systems, GF Uponor, GF Casting Solutions, and GF Machining Solutions. The GF Piping Systems segment provides system solutions, and plastic and metal components, including fittings, valves, pipes, automation, and jointing technologies for various water cycle applications.