Grenke AG (OTCMKTS:GKSGF) Sees Significant Growth in Short Interest

Grenke AG (OTCMKTS:GKSGF) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 347,300 shares, a growth of 11.0% from the August 31st total of 313,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Grenke Price Performance

Shares of OTCMKTS:GKSGF opened at 21.95 on Tuesday. Grenke has a 52-week low of 21.95 and a 52-week high of 21.95. The company has a 50 day moving average of 21.95 and a two-hundred day moving average of 21.95.

About Grenke

Grenke AG, together with its subsidiaries, provides financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally. It operates through three segments: Leasing, Banking, and Factoring. The company is involved in the leasing activities, such as financing to commercial lessees, rental, service, protection, and maintenance offerings, as well as sale of used equipment; and small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, software, and other peripheral equipment; leasing office communication products, that includes telecommunication and copier equipment, as well as medical technology products, small machinery and systems, and security devices; and leasing green economy objects, such as wallboxes, photovoltaic systems, and eBikes.