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

Geberit AG (OTCMKTS:GBERF) was the recipient of a significant drop in short interest during the month of 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 short-interest ratio is presently 2,165.0 days.

Geberit Stock Performance

GBERF remained flat at $568.74 during midday trading on Friday. Geberit has a 1 year low of $503.56 and a 1 year high of $650.00. The company’s fifty day moving average is $563.34 and its 200 day moving average is $595.43.

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.