Grenke AG (OTCMKTS:GKSGF) Sees Large Growth in Short Interest

Grenke AG (OTCMKTS:GKSGFGet Rating) saw a large increase in short interest in July. As of July 15th, there was short interest totalling 518,800 shares, an increase of 18.2% from the June 30th total of 438,800 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Grenke Price Performance

Shares of Grenke stock opened at 34.40 on Thursday. The stock has a 50-day simple moving average of 34.40. Grenke has a 1 year low of 32.01 and a 1 year high of 45.00.

About Grenke

(Get Rating)

Grenke AG, together with its subsidiaries, provides a range of banking and financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally. It operates through three segments: Leasing, Banking, and Factoring. The company is involved in the leasing activities, such as financing to commercial lessees, leasing, service, protection, and maintenance offerings, as well as disposal of used equipment; and small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, peripheral equipment, software, telecommunication and copying and medical technology, as well as other IT products.

Read More

Want More Great Investing Ideas?

Receive News & Ratings for Grenke Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grenke and related companies with MarketBeat.com's FREE daily email newsletter.