Buzzi S.p.A. (OTCMKTS:BZZUY) Sees Significant Drop in Short Interest

Buzzi S.p.A. (OTCMKTS:BZZUY) saw a large decline in short interest in January. As of January 31st, there was short interest totalling 1,400 shares, a decline of 67.4% from the January 15th total of 4,300 shares. Based on an average daily volume of 2,100 shares, the short-interest ratio is currently 0.7 days.

Buzzi Stock Performance

Shares of OTCMKTS:BZZUY traded up $0.46 on Thursday, reaching $23.33. 741 shares of the company were exchanged, compared to its average volume of 1,932. The company has a 50-day moving average of $19.73 and a 200-day moving average of $19.73. Buzzi has a 1-year low of $16.33 and a 1-year high of $23.41.

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.