Short Interest in Gerresheimer AG (OTCMKTS:GRRMF) Declines By 9.1%

Gerresheimer AG (OTCMKTS:GRRMF) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 205,100 shares, a decrease of 9.1% from the August 31st total of 225,700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 2,051.0 days.

Gerresheimer Price Performance

Shares of GRRMF stock remained flat at $114.50 on Friday. The company has a 50 day moving average of $108.30 and a two-hundred day moving average of $107.03. Gerresheimer has a 52 week low of $91.00 and a 52 week high of $117.47.

About Gerresheimer

Gerresheimer AG, together with its subsidiaries, manufactures and sells medicine packaging, drug delivery devices, and solutions in Germany and internationally. It operates through three divisions: Plastics & Devices, Primary Packaging Glass, and Advanced Technologies. The company offers prefillable syringes, plastic and glass packaging solutions, vials, glass cartridges and ampoules, bottles and containers, and glass bottles and jars, as well as caps, closures, applicators, and accessories; development, industrialization and contract manufacturing of drug delivery programs; project and quality management; and drug delivery systems, including inhalers, injection/auto injectors, pen injectors, infusion systems, and inhalation assessment, autoinjector, and other services.