Heidelberger Druckmaschinen Aktiengesellschaft (OTCMKTS:HBGRF) Sees Significant Decline in Short Interest

Heidelberger Druckmaschinen Aktiengesellschaft (OTCMKTS:HBGRF) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 29,499 shares, a decline of 87.2% from the April 30th total of 230,577 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Heidelberger Druckmaschinen Aktiengesellschaft Stock Performance

HBGRF remained flat at $1.59 during trading on Thursday. Heidelberger Druckmaschinen Aktiengesellschaft has a one year low of $1.59 and a one year high of $2.43. The business has a fifty day moving average price of $2.05 and a two-hundred day moving average price of $2.02.

About Heidelberger Druckmaschinen Aktiengesellschaft

Heidelberger Druckmaschinen Aktiengesellschaft, commonly known as Heidelberg, is a German precision mechanical engineering company headquartered in Heidelberg, Germany. Tracing its roots back to the mid-19th century, the company has grown into a leading global manufacturer of printing presses and related technologies. Its core offerings include sheetfed offset presses—most notably the Speedmaster series—digital printing systems under the Primefire brand, finishing equipment and a comprehensive range of consumables such as inks, blankets and chemicals.

In addition to hardware, Heidelberg provides a suite of software and services designed to streamline print shop operations.