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

Geberit AG (OTCMKTS:GBERF) was the target of a significant drop in short interest in January. As of January 31st, there was short interest totalling 216,500 shares, a drop of 21.8% from the January 15th total of 276,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 2,165.0 days.

Geberit Stock Performance

GBERF stock remained flat at $568.74 during trading hours on Friday. The company has a 50 day moving average of $563.34 and a 200-day moving average of $595.43. Geberit has a 1 year low of $503.56 and a 1 year 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.