Short Interest in Gerresheimer AG (OTCMKTS:GRRMF) Declines By 54.9%

Gerresheimer AG (OTCMKTS:GRRMF) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 44,400 shares, a drop of 54.9% from the March 15th total of 98,400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 444.0 days.

Gerresheimer Stock Performance

GRRMF stock remained flat at $69.75 during trading on Thursday. Gerresheimer has a 52-week low of $66.93 and a 52-week high of $114.50. The company has a 50 day moving average price of $78.44 and a 200 day moving average price of $79.57.

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.