Heidelberger Druckmaschinen Aktiengesellschaft (OTCMKTS:HBGRF) Sees Significant Decline in Short Interest

Heidelberger Druckmaschinen Aktiengesellschaft (OTCMKTS:HBGRF) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 22,731 shares, a decline of 40.6% from the August 15th total of 38,254 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Heidelberger Druckmaschinen Aktiengesellschaft Stock Performance

Shares of OTCMKTS:HBGRF remained flat at $1.70 on Wednesday. The company’s fifty day simple moving average is $1.70 and its two-hundred day simple moving average is $1.81. Heidelberger Druckmaschinen Aktiengesellschaft has a one year low of $1.58 and a one year high of $2.43.

Heidelberger Druckmaschinen Aktiengesellschaft Company Profile

Heidelberger Druckmaschinen Aktiengesellschaft, commonly known as Heidelberg, is a German precision mechanical engineering company headquartered in Heidelberg, Germany. Tracing its roots back to the mid-19th century, the company has grown into a leading global manufacturer of printing presses and related technologies. Its core offerings include sheetfed offset presses—most notably the Speedmaster series—digital printing systems under the Primefire brand, finishing equipment and a comprehensive range of consumables such as inks, blankets and chemicals.

In addition to hardware, Heidelberg provides a suite of software and services designed to streamline print shop operations.