Geberit AG (OTCMKTS:GBERY) Stock Short Interest Report for October

Geberit AG (OTCMKTS:GBERY) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 13,620 shares, a growth of 240.1% from the October 15th total of 4,005 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 17,134 shares, the short-interest ratio is currently 0.8 days.

Geberit Stock Performance

Shares of OTCMKTS:GBERY traded down $0.17 on Thursday, reaching $71.24. The company’s stock had a trading volume of 2,917 shares, compared to its average volume of 16,058. The company has a 50-day simple moving average of $67.42 and a 200 day simple moving average of $68.99. Geberit has a 52-week low of $61.41 and a 52-week high of $84.91.

Analysts Set New Price Targets

Separately, Citigroup reissued a “neutral” rating on shares of Geberit in a report on Monday, August 24th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Geberit Company Profile

Geberit is a Swiss company that develops and manufactures products for sanitary installations and bathrooms. Its offerings include piping and drainage systems, concealed cisterns and flushing systems, bathroom ceramics, faucets, and shower toilets. Founded in 1874, the company serves customers in markets around the world, with a particularly strong presence in Europe. Its products are used in residential and commercial construction and renovation projects, and are sold through plumbing and building-supply channels.