Georg Fischer AG (OTCMKTS:FCHRF) Sees Large Increase in Short Interest

Georg Fischer AG (OTCMKTS:FCHRF) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 208,700 shares, an increase of 71.6% from the September 15th total of 121,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Georg Fischer Stock Performance

Shares of OTCMKTS:FCHRF remained flat at $75.98 during trading hours on Monday. The firm’s 50-day moving average is $75.98 and its two-hundred day moving average is $75.98. Georg Fischer has a 1 year low of $55.00 and a 1 year high of $77.31.

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.