Geberit AG (OTCMKTS:GBERY) Short Interest Update

Geberit AG (OTCMKTS:GBERY) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totaling 3,809 shares, a growth of 59.6% from the March 31st total of 2,387 shares. Based on an average daily volume of 39,521 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley reissued an “underweight” rating on shares of Geberit in a report on Friday, January 23rd. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Geberit Stock Performance

GBERY traded up $0.17 during midday trading on Monday, reaching $68.20. 16,343 shares of the company were exchanged, compared to its average volume of 13,037. The company’s fifty day moving average price is $72.69 and its 200 day moving average price is $75.81. Geberit has a one year low of $65.29 and a one year high of $84.91.

About Geberit

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.