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

Geberit AG (OTCMKTS:GBERY) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 2,900 shares, a growth of 625.0% from the January 31st total of 400 shares. Based on an average daily trading volume, of 15,400 shares, the short-interest ratio is presently 0.2 days.

Geberit Stock Performance

Geberit stock traded down $0.61 during mid-day trading on Friday, hitting $58.94. The company’s stock had a trading volume of 3,012 shares, compared to its average volume of 12,245. Geberit has a one year low of $52.36 and a one year high of $66.52. The company has a 50 day moving average of $56.54 and a 200-day moving average of $59.72.

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.