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

Heidelberger Druckmaschinen Aktiengesellschaft (OTCMKTS:HBGRF) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 22,731 shares, a drop of 40.6% from the August 15th total of 38,254 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Heidelberger Druckmaschinen Aktiengesellschaft Stock Performance

Shares of OTCMKTS HBGRF remained flat at $1.70 during trading hours on Wednesday. The firm’s 50-day moving average is $1.70 and its 200-day moving average is $1.81. Heidelberger Druckmaschinen Aktiengesellschaft has a 12 month low of $1.58 and a 12 month high of $2.43.

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.