Gerresheimer AG (OTCMKTS:GRRMF) Sees Large Decrease in Short Interest

Gerresheimer AG (OTCMKTS:GRRMF) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 74,400 shares, a drop of 29.1% from the November 15th total of 104,900 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Gerresheimer Stock Performance

Shares of OTCMKTS:GRRMF remained flat at $78.35 on Friday. The stock has a fifty day moving average price of $86.88 and a two-hundred day moving average price of $99.37. Gerresheimer has a 1 year low of $78.35 and a 1 year high of $117.47.

Gerresheimer Company Profile

Gerresheimer AG, together with its subsidiaries, manufactures and sells medicine packaging, drug delivery devices, and solutions in Germany and internationally. It operates through three divisions: Plastics & Devices, Primary Packaging Glass, and Advanced Technologies. The company offers prefillable syringes, plastic and glass packaging solutions, vials, glass cartridges and ampoules, bottles and containers, and glass bottles and jars, as well as caps, closures, applicators, and accessories; development, industrialization and contract manufacturing of drug delivery programs; project and quality management; and drug delivery systems, including inhalers, injection/auto injectors, pen injectors, infusion systems, and inhalation assessment, autoinjector, and other services.