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

Buzzi S.p.A. (OTCMKTS:BZZUY) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 3,851 shares, a decrease of 71.0% from the June 15th total of 13,298 shares. Based on an average trading volume of 6,059 shares, the short-interest ratio is currently 0.6 days.

Buzzi Price Performance

BZZUY opened at $25.31 on Monday. Buzzi has a 12-month low of $23.40 and a 12-month high of $32.22. The firm has a 50 day moving average of $26.58 and a two-hundred day moving average of $27.73.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a “neutral” rating on shares of Buzzi in a research report on Thursday, May 21st. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

About Buzzi

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.