Brembo S.p.A. (OTCMKTS:BRBOF) Short Interest Up 39.8% in April

Brembo S.p.A. (OTCMKTS:BRBOF) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 446,500 shares, an increase of 39.8% from the March 31st total of 319,300 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 2,232.5 days.

Brembo Stock Performance

Brembo stock remained flat at $13.01 during trading hours on Monday. 584 shares of the company’s stock were exchanged, compared to its average volume of 2,089. Brembo has a 52 week low of $10.86 and a 52 week high of $13.05. The company’s 50-day moving average price is $12.59 and its 200 day moving average price is $12.21.

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.