Geberit AG (OTCMKTS:GBERY) Short Interest Up 642.9% in March

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

Geberit Price Performance

GBERY stock traded up $0.97 during trading on Friday, reaching $64.47. The company had a trading volume of 3,184 shares, compared to its average volume of 9,882. The business has a 50 day moving average of $59.80 and a 200 day moving average of $60.04. Geberit has a 52 week low of $52.36 and a 52 week high of $67.22.

Wall Street Analysts Forecast Growth

GBERY has been the subject of several recent research reports. Barclays reissued an “underweight” rating on shares of Geberit in a research note on Friday, March 7th. Morgan Stanley reaffirmed 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.