Grenke AG (OTCMKTS:GKSGF – Get Free Report) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 6,677 shares, a decrease of 48.3% from the July 15th total of 12,924 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Grenke Stock Performance
GKSGF stock remained flat at $17.27 during mid-day trading on Monday. Grenke has a 12 month low of $17.27 and a 12 month high of $21.75. The company’s fifty day moving average price is $17.27 and its two-hundred day moving average price is $17.27.
About Grenke
Grenke AG, headquartered in Baden-Baden, Germany, is a specialist in asset financing solutions for small and medium-sized enterprises. Established in 1978 by Wolfgang Grenke, the company pioneered leasing as an alternative to traditional bank lending for office technology and IT equipment, providing businesses with flexible financing that preserves working capital.
The company’s core product suite includes leasing of printers, copiers, IT hardware, telecommunication devices and software.
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