Short Interest in Grenke AG (OTCMKTS:GKSGF) Grows By 11.0%

Grenke AG (OTCMKTS:GKSGF) was the target of a large increase in short interest in September. As of September 15th, there was short interest totalling 347,300 shares, an increase of 11.0% from the August 31st total of 313,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Grenke Price Performance

Shares of Grenke stock remained flat at 21.95 during trading on Friday. Grenke has a 12 month low of 21.95 and a 12 month high of 21.95. The firm’s 50 day simple moving average is 21.95 and its 200 day simple moving average is 21.95.

About Grenke

Grenke AG, together with its subsidiaries, provides financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally. It operates through three segments: Leasing, Banking, and Factoring. The company is involved in the leasing activities, such as financing to commercial lessees, rental, service, protection, and maintenance offerings, as well as sale of used equipment; and small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, software, and other peripheral equipment; leasing office communication products, that includes telecommunication and copier equipment, as well as medical technology products, small machinery and systems, and security devices; and leasing green economy objects, such as wallboxes, photovoltaic systems, and eBikes.