Geberit AG (OTCMKTS:GBERF) Sees Large Decline in Short Interest

Geberit AG (OTCMKTS:GBERF) saw a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 304,400 shares, a drop of 10.6% from the October 15th total of 340,400 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 3,044.0 days.

Geberit Price Performance

Shares of OTCMKTS GBERF opened at $615.20 on Tuesday. The business has a 50-day simple moving average of $619.03 and a two-hundred day simple moving average of $608.89. Geberit has a fifty-two week low of $493.69 and a fifty-two week high of $650.00.

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.