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

Geberit AG (OTCMKTS:GBERFGet Free Report) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 313,600 shares, an increase of 6.1% from the December 31st total of 295,500 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 3,136.0 days.

Geberit Stock Performance

GBERF opened at $555.00 on Monday. The company has a 50 day simple moving average of $566.88 and a two-hundred day simple moving average of $599.41. Geberit has a 1-year low of $503.56 and a 1-year high of $650.00.

About Geberit

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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.

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