Short Interest in Gerresheimer AG (OTCMKTS:GRRMF) Increases By 10.2%

Gerresheimer AG (OTCMKTS:GRRMF) saw a significant growth in short interest in July. As of July 31st, there was short interest totalling 234,000 shares, a growth of 10.2% from the July 15th total of 212,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 2,340.0 days.

Gerresheimer Stock Performance

Shares of GRRMF stock remained flat at $106.12 during trading hours on Friday. Gerresheimer has a 52 week low of $91.00 and a 52 week high of $130.00. The stock’s 50-day moving average is $105.76 and its 200 day moving average is $106.27.

Gerresheimer Company Profile

Gerresheimer AG, together with its subsidiaries, manufactures and sells medicine packaging, drug delivery devices, and solutions in Germany and internationally. It operates through three divisions: Plastics & Devices, Primary Packaging Glass, and Advanced Technologies. The company offers prefillable syringes, plastic and glass packaging solutions, vials, glass cartridges and ampoules, bottles and containers, and glass bottles and jars, as well as caps, closures, applicators, and accessories; development, industrialization and contract manufacturing of drug delivery programs; project and quality management; and drug delivery systems, including inhalers, injection/auto injectors, pen injectors, infusion systems, and inhalation assessment, autoinjector, and other services.