Short Interest in Buzzi S.p.A. (OTCMKTS:BZZUY) Expands By 50.0%

Buzzi S.p.A. (OTCMKTS:BZZUY) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 600 shares, a growth of 50.0% from the December 15th total of 400 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Buzzi in a report on Wednesday, October 2nd. They issued a “buy” rating on the stock.

Buzzi Stock Down 1.1 %

OTCMKTS:BZZUY traded down $0.21 during trading hours on Thursday, reaching $18.66. 914 shares of the stock were exchanged, compared to its average volume of 2,611. Buzzi has a twelve month low of $15.73 and a twelve month high of $22.25. The business has a 50-day moving average of $20.03 and a two-hundred day moving average of $19.63.

Buzzi Company Profile

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.