Heidelberger Druckmaschinen Aktiengesellschaft (OTCMKTS:HBGRY) Short Interest Down 85.4% in May

Heidelberger Druckmaschinen Aktiengesellschaft (OTCMKTS:HBGRY) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 2,664 shares, a decline of 85.4% from the April 30th total of 18,276 shares. Based on an average daily volume of 604 shares, the days-to-cover ratio is presently 4.4 days.

Heidelberger Druckmaschinen Aktiengesellschaft Price Performance

OTCMKTS HBGRY remained flat at $0.73 during trading hours on Thursday. The company had a trading volume of 34 shares, compared to its average volume of 4,852. The firm has a fifty day moving average of $0.79 and a 200-day moving average of $0.91. Heidelberger Druckmaschinen Aktiengesellschaft has a fifty-two week low of $0.70 and a fifty-two week high of $1.55.

About Heidelberger Druckmaschinen Aktiengesellschaft

Heidelberger Druckmaschinen Aktiengesellschaft, commonly known as Heidelberg, is a German engineering company specializing in the design, manufacture and distribution of printing and finishing equipment. Founded in 1850 and headquartered in Heidelberg, Germany, the company has established itself as a global leader in offset printing presses, digital printing systems and postpress solutions. Over its long history, Heidelberg has been at the forefront of printing innovation, developing technologies that cater to commercial, packaging and label printing markets.

The company’s core product portfolio includes a range of sheetfed and web offset presses, digital color and monochrome printers, as well as automated postpress equipment such as folding machines, automated die cutters, perfect binders and coating units.