Geberit AG (OTCMKTS:GBERY) Short Interest Update

Geberit AG (OTCMKTS:GBERY) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 10,400 shares, a growth of 642.9% from the February 28th total of 1,400 shares. Based on an average daily trading volume, of 10,900 shares, the short-interest ratio is presently 1.0 days.

Analyst Upgrades and Downgrades

Several research firms have issued reports on GBERY. Morgan Stanley reissued an “underweight” rating on shares of Geberit in a research report on Friday, March 7th. Barclays reiterated an “underweight” rating on shares of Geberit in a report on Friday, March 7th.

Geberit Price Performance

Shares of GBERY stock traded up $0.97 during mid-day trading on Thursday, hitting $64.47. The stock had a trading volume of 3,184 shares, compared to its average volume of 9,880. Geberit has a 12-month low of $52.36 and a 12-month high of $67.22. The firm’s 50-day moving average is $59.59 and its two-hundred day moving average is $60.01.

About Geberit

Geberit AG develops, produces, and distributes sanitary products and systems for the residential and commercial construction industry in Switzerland and internationally. The company offers installation and flushing systems, such as installation technology and flushing systems for toilets, including cisterns and fittings; and piping systems consisting of building drainage and supply systems, as well as piping technology for use in buildings for drinking water, heating, gas, and other media.