Brembo S.p.A. (OTCMKTS:BRBOF) Short Interest Update

Brembo S.p.A. (OTCMKTS:BRBOF) was the recipient of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 2,048,500 shares, a drop of 13.6% from the January 15th total of 2,370,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Brembo Stock Performance

Shares of OTCMKTS:BRBOF remained flat at $9.01 during midday trading on Friday. Brembo has a 52 week low of $9.01 and a 52 week high of $13.05. The business has a 50 day simple moving average of $9.06 and a 200 day simple moving average of $10.13.

About Brembo

Brembo S.p.A., together with its subsidiaries, designs, develops, produces, and sells braking systems and components for cars, motorbikes, and industrial vehicles and machinery. It operates through Discs Systems Motorbikes; and Aftermarket Performance Group segments. The company offers various products for car and commercial vehicle applications, including brake discs, brake calipers, side-wheel modules, and braking systems, as well as integrated engineering services for light commercial and heavy industrial vehicles, motorbikes, and racing competitions.