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

Geberit AG (OTCMKTS:GBERY) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 7,100 shares, a growth of 36.5% from the November 15th total of 5,200 shares. Based on an average daily trading volume, of 21,500 shares, the short-interest ratio is presently 0.3 days.

Geberit Trading Down 1.4 %

GBERY stock traded down $0.88 during mid-day trading on Friday, hitting $60.37. 8,624 shares of the company were exchanged, compared to its average volume of 5,276. The business has a 50 day simple moving average of $60.27 and a 200-day simple moving average of $61.48. Geberit has a 1-year low of $52.36 and a 1-year high of $66.52.

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.