Grenke AG (OTCMKTS:GKSGF) Sees Large Decrease in Short Interest

Grenke AG (OTCMKTS:GKSGF) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totalling 129,600 shares, a decline of 5.4% from the December 15th total of 137,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Grenke Price Performance

Shares of OTCMKTS:GKSGF opened at $22.00 on Monday. Grenke has a 52 week low of $22.00 and a 52 week high of $22.00. The company’s 50 day moving average is $22.00 and its two-hundred day moving average is $21.97.

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.