Geberit AG (OTCMKTS:GBERY) Short Interest Down 96.2% in March

Geberit AG (OTCMKTS:GBERY) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 99 shares, a drop of 96.2% from the February 26th total of 2,617 shares. Based on an average trading volume of 34,296 shares, the short-interest ratio is presently 0.0 days.

Geberit Price Performance

OTCMKTS:GBERY traded down $0.64 during mid-day trading on Thursday, hitting $67.83. 3,629 shares of the company’s stock traded hands, compared to its average volume of 11,284. The firm has a 50 day moving average of $77.09 and a two-hundred day moving average of $76.78. Geberit has a 12 month low of $58.94 and a 12 month high of $84.91.

Analyst Ratings Changes

GBERY has been the topic of several analyst reports. Morgan Stanley reiterated an “underweight” rating on shares of Geberit in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft upgraded shares of Geberit to a “hold” rating in a research note on Monday, December 8th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Geberit currently has an average rating of “Hold”.

Geberit Company Profile

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.