Brembo S.p.A. (OTCMKTS:BRBOF – Get Free Report) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 720,807 shares, a decrease of 47.0% from the June 30th total of 1,360,730 shares. Based on an average trading volume of 8 shares, the days-to-cover ratio is presently 90,100.9 days.
Brembo Price Performance
OTCMKTS BRBOF opened at $12.90 on Friday. The company’s fifty day simple moving average is $12.86 and its 200-day simple moving average is $11.71. Brembo has a 52 week low of $8.45 and a 52 week high of $13.84.
About Brembo
Brembo S.p.A. (OTCMKTS:BRBOF) is a global leader in high-performance braking systems, serving the automotive, motorcycle and commercial vehicle markets. The company designs, develops and manufactures disc brakes, callipers, brake discs, drums and electronic brake control systems under its flagship Brembo brand. Its product range also includes carbon-ceramic composite brakes, master cylinders, hydraulic clutches and suspension components, catering to OEMs, the aftermarket and professional motorsport teams.
Since its founding in 1961 in Curno, Italy, Brembo has built a reputation for engineering excellence and innovation.
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