Geberit AG (OTCMKTS:GBERY) Short Interest Update

Geberit AG (OTCMKTS:GBERY) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 613 shares, a decrease of 83.9% from the April 15th total of 3,809 shares. Based on an average daily volume of 24,253 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley reaffirmed an “underweight” rating on shares of Geberit in a report on Friday, January 23rd. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce”.

Geberit Price Performance

OTCMKTS:GBERY traded up $0.71 during trading hours on Thursday, hitting $65.09. 24,848 shares of the stock were exchanged, compared to its average volume of 13,066. Geberit has a 52-week low of $64.26 and a 52-week high of $84.91. The firm’s fifty day moving average price is $69.10 and its 200 day moving average price is $75.13.

Geberit Company Profile

Geberit AG is a Swiss-based manufacturer specializing in sanitary products and systems for residential, commercial and industrial applications. Headquartered in Rapperswil-Jona, Switzerland, the company develops and supplies installation systems, bathroom ceramics, faucets and piping solutions. Its product range encompasses concealed cisterns, flush plates, wall-hung toilets, washbasins, shower trays and underfloor heating systems, complemented by digital bathroom controls and smart water management technologies.

Founded in 1874, Geberit evolved from a regional metalworking business into a global market leader in sanitary technology.