Short Interest in Buzzi S.p.A. (OTCMKTS:BZZUY) Increases By 113.0%

Buzzi S.p.A. (OTCMKTS:BZZUY) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 2,441 shares, an increase of 113.0% from the January 29th total of 1,146 shares. Based on an average trading volume of 1,016 shares, the days-to-cover ratio is presently 2.4 days. Based on an average trading volume of 1,016 shares, the days-to-cover ratio is presently 2.4 days.

Buzzi Stock Performance

Shares of OTCMKTS BZZUY remained flat at $28.27 during midday trading on Friday. The stock had a trading volume of 310 shares, compared to its average volume of 1,637. The firm has a fifty day simple moving average of $29.86 and a two-hundred day simple moving average of $28.90. Buzzi has a 1-year low of $21.60 and a 1-year high of $32.22.

Buzzi Company Profile

Buzzi Unicem S.p.A., trading in the United States under the ticker OTCMKTS:BZZUY, is an international manufacturer and distributor of cement, ready-mix concrete and aggregates. Headquartered in Casale Monferrato, Italy, the company operates integrated production facilities that supply key construction markets. Its primary activities encompass quarrying, cement production, concrete batching and logistics for building materials, serving both commercial and infrastructure projects.

With a broad geographic footprint, Buzzi Unicem maintains operations across Western and Eastern Europe, North America and select markets in Latin America.