Short Interest in Georg Fischer AG (OTCMKTS:FCHRF) Rises By 179.3%

Georg Fischer AG (OTCMKTS:FCHRF) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 106,700 shares, a growth of 179.3% from the August 15th total of 38,200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Georg Fischer Stock Performance

Shares of Georg Fischer stock remained flat at $75.98 during trading hours on Thursday. Georg Fischer has a 12-month low of $55.00 and a 12-month high of $77.31. The business’s fifty day simple moving average is $75.98 and its 200-day simple moving average is $75.94.

Georg Fischer Company Profile

Georg Fischer AG engages in the provision of piping systems, and casting and machining solutions in Europe, the Americas, Asia, and internationally. The company operates through four division: GF Piping Systems, GF Uponor, GF Casting Solutions, and GF Machining Solutions. The GF Piping Systems segment provides system solutions, and plastic and metal components, including fittings, valves, pipes, automation, and jointing technologies for various water cycle applications.