Geberit AG (OTCMKTS:GBERY) Short Interest Down 51.7% in February

Geberit AG (OTCMKTS:GBERY) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 1,400 shares, a decline of 51.7% from the February 13th total of 2,900 shares. Based on an average daily volume of 14,300 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Morgan Stanley reissued an “underweight” rating on shares of Geberit in a research note on Friday, March 7th. Barclays reaffirmed an “underweight” rating on shares of Geberit in a research note on Friday, March 7th.

Geberit Stock Up 1.0 %

OTCMKTS:GBERY traded up $0.66 during mid-day trading on Friday, reaching $66.11. The company’s stock had a trading volume of 3,967 shares, compared to its average volume of 10,958. Geberit has a 1 year low of $52.36 and a 1 year high of $67.22. The stock has a fifty day moving average of $57.86 and a 200-day moving average of $59.90.

About Geberit

Geberit AG develops, produces, and distributes sanitary products and systems for the residential and commercial construction industry in Switzerland and internationally. The company offers installation and flushing systems, such as installation technology and flushing systems for toilets, including cisterns and fittings; and piping systems consisting of building drainage and supply systems, as well as piping technology for use in buildings for drinking water, heating, gas, and other media.