GEA Group Aktiengesellschaft (OTCMKTS:GEAGF) Sees Large Increase in Short Interest

GEA Group Aktiengesellschaft (OTCMKTS:GEAGF) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 20,600 shares, an increase of 22.6% from the November 30th total of 16,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 206.0 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded shares of GEA Group Aktiengesellschaft to a “strong-buy” rating in a report on Friday, September 20th.

GEA Group Aktiengesellschaft Stock Performance

GEAGF stock remained flat at $51.33 during trading hours on Tuesday. The firm’s fifty day moving average is $49.78 and its 200-day moving average is $46.58. GEA Group Aktiengesellschaft has a 12-month low of $39.32 and a 12-month high of $52.05.

GEA Group Aktiengesellschaft Company Profile

GEA Group Aktiengesellschaft engages in the development and production of systems and components to the food, beverage, and pharmaceutical industries. It operates through Separation & Flow Technologies, Liquid & Power Technologies, Food & Health Technologies, Farm Technologies, and Heating & Refrigeration Technologies segments.