Short Interest in Buzzi S.p.A. (OTCMKTS:BZZUF) Grows By 13.7%

Buzzi S.p.A. (OTCMKTS:BZZUF) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 337,600 shares, an increase of 13.7% from the August 15th total of 296,900 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 3,376.0 days.

Buzzi Price Performance

Shares of OTCMKTS:BZZUF remained flat at $38.89 during midday trading on Monday. The stock’s 50-day moving average price is $39.46 and its 200 day moving average price is $39.53. Buzzi has a 1-year low of $26.29 and a 1-year high of $43.77.

About Buzzi

Buzzi S.p.A., together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and aggregates. It has operations primarily in Italy, the United States, Germany, Luxembourg, the Netherlands, Poland, the Czech Republic, Slovakia, Ukraine, Mexico, and Brazil. Buzzi S.p.A.