Georg Fischer AG (OTCMKTS:FCHRF) Sees Large Decline in Short Interest

Georg Fischer AG (OTCMKTS:FCHRF) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 281,100 shares, a decrease of 9.1% from the December 15th total of 309,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 2,811.0 days.

Georg Fischer Price Performance

Shares of Georg Fischer stock remained flat at $75.98 during trading on Friday. The company has a 50 day moving average price of $75.98 and a two-hundred day moving average price of $75.98. Georg Fischer has a fifty-two week low of $55.00 and a fifty-two week high of $77.31.

About Georg Fischer

Georg Fischer AG engages in the provision of piping systems, and casting and machining solutions in Europe, the Americas, Asia, and internationally. The company operates through four division: GF Piping Systems, GF Uponor, GF Casting Solutions, and GF Machining Solutions. The GF Piping Systems segment provides system solutions, and plastic and metal components, including fittings, valves, pipes, automation, and jointing technologies for various water cycle applications.