Brembo S.p.A. (OTCMKTS:BRBOF) Short Interest Update

Brembo S.p.A. (OTCMKTS:BRBOF) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 2,880,900 shares, an increase of 28.2% from the October 15th total of 2,246,900 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 28,809.0 days.

Brembo Price Performance

Shares of Brembo stock remained flat at $9.17 during trading hours on Friday. Brembo has a 12-month low of $9.17 and a 12-month high of $13.05. The firm’s fifty day moving average is $10.98 and its 200-day moving average is $11.25.

About Brembo

Brembo S.p.A., together with its subsidiaries, designs, develops, produces, and sells braking systems and components for cars, motorbikes, and industrial vehicles and machinery. It operates through Discs Systems Motorbikes; and Aftermarket Performance Group segments. The company offers various products for car and commercial vehicle applications, including brake discs, brake calipers, side-wheel modules, and braking systems, as well as integrated engineering services for light commercial and heavy industrial vehicles, motorbikes, and racing competitions.