Short Interest in Grenke AG (OTCMKTS:GKSGF) Declines By 32.8%

Grenke AG (OTCMKTS:GKSGF) saw a large drop in short interest in November. As of November 30th, there was short interest totalling 137,000 shares, a drop of 32.8% from the November 15th total of 203,900 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Grenke Price Performance

Shares of GKSGF stock remained flat at 22.00 during mid-day trading on Friday. Grenke has a 1 year low of 22.00 and a 1 year high of 22.00. The stock has a 50-day simple moving average of 21.98 and a 200-day simple moving average of 21.96.

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.