Geberit AG (OTCMKTS:GBERF) Short Interest Down 10.6% in October

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

Geberit Price Performance

Shares of OTCMKTS GBERF remained flat at $615.20 during mid-day trading on Friday. The stock’s 50-day moving average is $619.03 and its 200 day moving average is $608.41. Geberit has a 12-month low of $493.69 and a 12-month 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.