Geberit AG (OTCMKTS:GBERF) Short Interest Down 6.4% in August

Geberit AG (OTCMKTS:GBERF) saw a significant decline in short interest in August. As of August 31st, there was short interest totalling 278,000 shares, a decline of 6.4% from the August 15th total of 296,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 2,780.0 days.

Geberit Stock Performance

GBERF remained flat at $498.59 during trading on Tuesday. Geberit has a 12-month low of $408.56 and a 12-month high of $575.37. The firm has a 50 day moving average price of $523.22 and a 200 day moving average price of $540.10.

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.