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

Geberit AG (OTCMKTS:GBERY) saw a significant growth in short interest in the month of 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. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 17,134 shares, the short-interest ratio is currently 0.8 days.

Geberit Price Performance

GBERY stock opened at $71.07 on Friday. Geberit has a 12-month low of $61.41 and a 12-month high of $84.91. The stock’s 50 day simple moving average is $67.45 and its 200 day simple moving average is $68.96.

Wall Street Analysts Forecast Growth

Separately, Citigroup reissued a “neutral” rating on shares of Geberit in a research 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. According to MarketBeat, the company currently has an average rating of “Reduce”.

About Geberit

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.