Geberit AG (OTCMKTS:GBERY) Short Interest Update

Geberit AG (OTCMKTS:GBERY) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 10,400 shares, an increase of 642.9% from the February 28th total of 1,400 shares. Based on an average daily volume of 10,900 shares, the days-to-cover ratio is currently 1.0 days.

Geberit Trading Up 1.5 %

Shares of GBERY traded up $0.97 during midday trading on Thursday, hitting $64.47. The stock had a trading volume of 3,184 shares, compared to its average volume of 9,880. The stock’s 50 day moving average is $59.59 and its 200 day moving average is $60.01. Geberit has a 1 year low of $52.36 and a 1 year high of $67.22.

Analyst Ratings Changes

Several research firms have commented on GBERY. Morgan Stanley reiterated an “underweight” rating on shares of Geberit in a research report on Friday, March 7th. Barclays restated an “underweight” rating on shares of Geberit in a research report on Friday, March 7th.

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.