Grenke AG (OTCMKTS:GKSGF) Sees Significant Decline in Short Interest

Grenke AG (OTCMKTS:GKSGF) was the target of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 137,000 shares, a decrease of 32.8% from the November 15th total of 203,900 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Grenke Price Performance

Shares of OTCMKTS:GKSGF remained flat at 22.00 during trading on Friday. The stock has a 50-day moving average of 21.98 and a 200 day moving average of 21.96. Grenke has a one year low of 22.00 and a one year high of 22.00.

Grenke Company Profile

Grenke AG, together with its subsidiaries, provides financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally. It operates through three segments: Leasing, Banking, and Factoring. The company is involved in the leasing activities, such as financing to commercial lessees, rental, service, protection, and maintenance offerings, as well as sale of used equipment; and small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, software, and other peripheral equipment; leasing office communication products, that includes telecommunication and copier equipment, as well as medical technology products, small machinery and systems, and security devices; and leasing green economy objects, such as wallboxes, photovoltaic systems, and eBikes.