Buzzi SpA (OTCMKTS:BZZUF) Sees Significant Growth in Short Interest

Key Points

• Buzzi SpA experienced a significant increase in short interest of 39.5% in August, reaching a total of 1,337,000 shares as of August 31st.
• The company's days-to-cover ratio stands at a remarkable 13,370.0 days, indicating low trading volume of 100 shares on average daily.
• Buzzi's stock opened at $55.53, with a 1-year price range between a low of $36.25 and a high of $59.39.

Buzzi SpA (OTCMKTS:BZZUF - ) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,337,000 shares, a growth of 39.5% from the August 15th total of 958,700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 13,370.0 days. Approximately 0.7% of the shares of the stock are sold short. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 13,370.0 days.

Buzzi Stock Performance

BZZUF stock opened at $55.53 on Tuesday. Buzzi has a 1-year low of $36.25 and a 1-year high of $59.39. The business has a 50 day simple moving average of $53.00 and a two-hundred day simple moving average of $51.61.

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.

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