Short Interest in Gerresheimer AG (OTCMKTS:GRRMF) Drops By 6.7%

Gerresheimer AG (OTCMKTS:GRRMF) saw a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 104,900 shares, a decline of 6.7% from the October 31st total of 112,400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,049.0 days.

Gerresheimer Stock Down 13.2 %

Shares of GRRMF stock traded down $11.95 during mid-day trading on Monday, reaching $78.35. The stock had a trading volume of 100 shares, compared to its average volume of 673. Gerresheimer has a 1-year low of $82.40 and a 1-year high of $117.47. The business’s fifty day moving average is $91.68 and its 200-day moving average is $101.05.

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.