Gerresheimer AG (OTCMKTS:GRRMF) Sees Large Growth in Short Interest

Gerresheimer AG (OTCMKTS:GRRMF) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 39,700 shares, an increase of 26.4% from the January 31st total of 31,400 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 198.5 days.

Gerresheimer Stock Performance

Shares of OTCMKTS GRRMF remained flat at $82.43 on Thursday. The company has a fifty day moving average of $73.01 and a two-hundred day moving average of $86.32. Gerresheimer has a 12 month low of $66.93 and a 12 month high of $117.47.

Gerresheimer Company Profile

Gerresheimer AG, together with its subsidiaries, manufactures and sells medicine packaging, drug delivery devices, and solutions in Germany and internationally. It operates through three divisions: Plastics & Devices, Primary Packaging Glass, and Advanced Technologies. The company offers prefillable syringes, plastic and glass packaging solutions, vials, glass cartridges and ampoules, bottles and containers, and glass bottles and jars, as well as caps, closures, applicators, and accessories; development, industrialization and contract manufacturing of drug delivery programs; project and quality management; and drug delivery systems, including inhalers, injection/auto injectors, pen injectors, infusion systems, and inhalation assessment, autoinjector, and other services.