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

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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.

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