Short Interest in Geberit AG (OTCMKTS:GBERY) Grows By 329.0%

Geberit AG (OTCMKTS:GBERYGet Free Report) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 6,705 shares, an increase of 329.0% from the December 31st total of 1,563 shares. Based on an average trading volume of 9,991 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 9,991 shares, the days-to-cover ratio is presently 0.7 days.

Analyst Ratings Changes

A number of research firms recently commented on GBERY. Citigroup reiterated a “neutral” rating on shares of Geberit in a report on Friday, November 14th. Deutsche Bank Aktiengesellschaft upgraded Geberit to a “hold” rating in a report on Monday, December 8th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Geberit in a research note on Friday. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Geberit currently has a consensus rating of “Reduce”.

View Our Latest Stock Report on Geberit

Geberit Stock Performance

Shares of OTCMKTS GBERY opened at $77.91 on Wednesday. Geberit has a one year low of $54.81 and a one year high of $81.47. The business has a 50-day moving average price of $77.62 and a two-hundred day moving average price of $76.62.

Geberit Company Profile

(Get Free Report)

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.

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