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

Geberit AG (OTCMKTS:GBERF) saw 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 volume of 100 shares, the days-to-cover ratio is presently 2,165.0 days.

Geberit Price Performance

Shares of GBERF remained flat at $568.74 during mid-day trading on Monday. Geberit has a one year low of $503.56 and a one year high of $650.00. The business has a 50-day moving average of $563.34 and a two-hundred day moving average of $594.88.

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.