Buzzi S.p.A. (OTCMKTS:BZZUF) Short Interest Update

Buzzi S.p.A. (OTCMKTS:BZZUF) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 483,400 shares, an increase of 102.8% from the March 31st total of 238,400 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is presently 284.4 days. Currently, 0.3% of the company’s shares are sold short.

Buzzi Stock Performance

Shares of BZZUF remained flat at $50.00 during mid-day trading on Monday. The stock’s fifty day simple moving average is $49.32 and its 200 day simple moving average is $43.51. Buzzi has a twelve month low of $36.25 and a twelve month high of $59.39.

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.