Georg Fischer AG (OTCMKTS:FCHRF) Sees Significant Decline in Short Interest

Georg Fischer AG (OTCMKTS:FCHRF) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 281,100 shares, a decrease of 9.1% from the December 31st total of 309,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 2,811.0 days.

Georg Fischer Price Performance

OTCMKTS FCHRF opened at $75.98 on Monday. The firm’s fifty day moving average price is $75.98 and its two-hundred day moving average price is $75.98. Georg Fischer has a fifty-two week low of $55.00 and a fifty-two week 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.