Piaggio & C. SpA (OTCMKTS:PIAGF – Get Free Report) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 706,113 shares, a decline of 32.3% from the August 15th total of 1,042,864 shares. Based on an average daily trading volume, of 1,236 shares, the days-to-cover ratio is presently 571.3 days.
Piaggio & C. Trading Up 0.9%
PIAGF opened at C$2.17 on Friday. Piaggio & C. has a one year low of C$1.80 and a one year high of C$2.50. The business’s 50 day moving average price is C$2.18 and its 200 day moving average price is C$2.03.
About Piaggio & C.
Piaggio & C. S.p.A. is a leading Italian manufacturer of two-wheel and light commercial vehicles, best known for its iconic Vespa scooter. Established in 1884 in Pontedera, Italy, Piaggio initially focused on ship fittings and locomotive parts before expanding into aircraft component manufacturing during the early 20th century. In the post-World War II era, the company introduced the Vespa scooter, which became synonymous with urban mobility and remains one of the world’s most recognized scooter brands.
The company’s product portfolio encompasses a wide range of two-wheel vehicles, including scooters and motorcycles under the Vespa, Aprilia, Moto Guzzi and Derbi marques.
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