Geberit AG (OTCMKTS:GBERF) Sees Significant Increase in Short Interest

Geberit AG (OTCMKTS:GBERF) was the target of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 341,000 shares, a growth of 11.5% from the November 15th total of 305,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 3,410.0 days.

Geberit Price Performance

Shares of GBERF opened at $600.96 on Friday. Geberit has a 1-year low of $503.56 and a 1-year high of $650.00. The firm has a 50 day simple moving average of $603.39 and a 200-day simple moving average of $611.11.

Geberit Company Profile

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.