Geberit AG (OTCMKTS:GBERY) Short Interest Down 69.2% in July

Geberit AG (OTCMKTS:GBERY) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 2,519 shares, a decline of 69.2% from the July 15th total of 8,180 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 34,141 shares, the days-to-cover ratio is currently 0.1 days.

Geberit Stock Up 0.0%

GBERY stock opened at $66.67 on Friday. Geberit has a 52 week low of $61.41 and a 52 week high of $84.91. The business has a 50-day simple moving average of $65.48 and a 200 day simple moving average of $69.42.

Wall Street Analyst Weigh In

GBERY has been the topic of several recent research reports. Zacks Research raised Geberit to a “hold” rating in a report on Wednesday, May 13th. Morgan Stanley reiterated an “underweight” rating on shares of Geberit in a research note on Thursday, July 2nd. Four research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce”.

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.