Grenke AG (OTCMKTS:GKSGF – Get Free Report) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 5,945 shares, a decline of 44.4% from the April 30th total of 10,695 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Grenke Stock Performance
GKSGF stock remained flat at $17.27 during mid-day trading on Tuesday. Grenke has a twelve month low of $17.27 and a twelve month high of $21.75. The stock’s fifty day moving average price is $17.27 and its 200 day moving average price is $18.15.
About Grenke
Grenke AG, headquartered in Baden-Baden, Germany, is a specialist in asset financing solutions for small and medium-sized enterprises. Established in 1978 by Wolfgang Grenke, the company pioneered leasing as an alternative to traditional bank lending for office technology and IT equipment, providing businesses with flexible financing that preserves working capital.
The company’s core product suite includes leasing of printers, copiers, IT hardware, telecommunication devices and software.
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