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

Grenke AG (OTCMKTS:GKSGF) saw a large drop in short interest in July. As of July 31st, there was short interest totalling 329,200 shares, a drop of 6.7% from the July 15th total of 352,900 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Grenke Stock Performance

OTCMKTS:GKSGF opened at 21.95 on Monday. Grenke has a 12 month low of 21.95 and a 12 month high of 21.95. The firm has a fifty day simple moving average of 21.95 and a 200-day simple moving average of 24.34.

Grenke Company Profile

Grenke AG, together with its subsidiaries, provides 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, rental, service, protection, and maintenance offerings, as well as sale of used equipment; and small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, software, and other peripheral equipment; leasing office communication products, that includes telecommunication and copier equipment, as well as medical technology products, small machinery and systems, and security devices; and leasing green economy objects, such as wallboxes, photovoltaic systems, and eBikes.