Grenke AG (OTCMKTS:GKSGF – Get Free Report) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 15,828 shares, a growth of 83.4% from the September 30th total of 8,628 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.
Grenke Stock Performance
GKSGF stock remained flat at $12.90 during midday trading on Monday. The company’s 50 day simple moving average is $13.25 and its 200-day simple moving average is $16.26. Grenke has a twelve month low of $12.90 and a twelve month high of $21.75.
Grenke Company Profile
Grenke AG is a Germany-based financial services company that specializes in leasing and financing solutions for small and medium-sized enterprises (SMEs). Through its leasing business, the company provides financing for office and information technology equipment, software, telecommunications systems, medical technology, and other business-related assets. Its small-ticket leasing model is primarily distributed through retail and vendor partners.
Grenke also offers factoring services, helping business customers improve liquidity by selling eligible receivables.
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