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

Buzzi S.p.A. (OTCMKTS:BZZUY) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 500 shares, a decrease of 54.5% from the October 15th total of 1,100 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 1.7 days.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft began coverage on shares of Buzzi in a research note on Wednesday, October 2nd. They set a “buy” rating on the stock.

Buzzi Stock Performance

Shares of BZZUY traded down $0.46 during mid-day trading on Friday, reaching $21.80. The company’s stock had a trading volume of 1,096 shares, compared to its average volume of 2,495. Buzzi has a 1-year low of $14.01 and a 1-year high of $22.25. The business has a 50-day simple moving average of $19.73 and a two-hundred day simple moving average of $19.83.

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.