Gerresheimer AG (OTCMKTS:GRRMF) Short Interest Up 71.5% in February

Gerresheimer AG (OTCMKTS:GRRMF) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 68,100 shares, an increase of 71.5% from the February 13th total of 39,700 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 681.0 days.

Gerresheimer Stock Performance

Shares of GRRMF stock traded down $8.72 during mid-day trading on Friday, reaching $83.00. The company’s stock had a trading volume of 100 shares, compared to its average volume of 1,200. Gerresheimer has a 12-month low of $66.93 and a 12-month high of $116.00. The company’s 50 day simple moving average is $75.17 and its 200-day simple moving average is $85.29.

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.