Gerresheimer AG (OTCMKTS:GRRMF) Short Interest Down 12.1% in March

Gerresheimer AG (OTCMKTS:GRRMF) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 157,800 shares, a decline of 12.1% from the February 29th total of 179,600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 1,578.0 days.

Gerresheimer Stock Performance

Shares of GRRMF stock opened at $107.30 on Tuesday. Gerresheimer has a 1 year low of $91.00 and a 1 year high of $130.00. The stock has a fifty day moving average of $106.54 and a two-hundred day moving average of $105.75.

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.