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

Heidelberger Druckmaschinen Aktiengesellschaft (OTCMKTS:HBGRFGet Free Report) was the recipient of a significant decline in short interest during 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 daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Heidelberger Druckmaschinen Aktiengesellschaft Stock Performance

Shares of HBGRF stock remained flat at $1.59 during mid-day trading on Friday. Heidelberger Druckmaschinen Aktiengesellschaft has a fifty-two week low of $1.59 and a fifty-two week high of $2.43. The stock’s 50-day moving average price is $2.05 and its two-hundred day moving average price is $2.01.

About Heidelberger Druckmaschinen Aktiengesellschaft

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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.

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