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

Geberit AG (OTCMKTS:GBERF) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 341,000 shares, an increase of 11.5% from the November 15th total of 305,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 3,410.0 days.

Geberit Stock Performance

Shares of Geberit stock opened at $600.96 on Tuesday. Geberit has a twelve month low of $503.56 and a twelve month high of $650.00. The company’s 50 day moving average is $603.39 and its 200 day moving average is $611.18.

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.