Buzzi S.p.A. (OTCMKTS:BZZUY – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 1,100 shares, a growth of 450.0% from the September 30th total of 200 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is currently 0.7 days.
Buzzi Price Performance
OTCMKTS:BZZUY remained flat at $18.74 during trading hours on Friday. The company has a 50 day simple moving average of $19.40 and a two-hundred day simple moving average of $19.60. Buzzi has a 1-year low of $12.31 and a 1-year high of $21.89.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft initiated coverage on Buzzi in a research report on Wednesday, October 2nd. They set a “buy” rating for the company.
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.
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