Geberit AG (OTCMKTS:GBERY) Short Interest Up 2,311.1% in March

Geberit AG (OTCMKTS:GBERY) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totaling 2,387 shares, a growth of 2,311.1% from the March 15th total of 99 shares. Based on an average daily trading volume, of 52,321 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley reiterated an “underweight” rating on shares of Geberit in a research report on Friday, January 23rd. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Geberit Stock Performance

OTCMKTS:GBERY opened at $69.94 on Friday. Geberit has a twelve month low of $65.29 and a twelve month high of $84.91. The company has a 50-day moving average of $74.89 and a 200-day moving average of $76.17.

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.