Short Interest in Buzzi S.p.A. (OTCMKTS:BZZUY) Grows By ∞

Buzzi S.p.A. (OTCMKTS:BZZUY) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 561 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average trading volume of 1,316 shares, the days-to-cover ratio is currently 0.4 days.

Buzzi Stock Performance

Shares of BZZUY stock opened at $24.40 on Monday. The stock has a 50 day moving average of $25.32 and a two-hundred day moving average of $26.65. Buzzi has a 12 month low of $23.19 and a 12 month high of $32.22.

Analyst Upgrades and Downgrades

BZZUY has been the subject of several recent analyst reports. Jefferies Financial Group started coverage on Buzzi in a research note on Monday, July 13th. They set a “hold” rating for the company. Citigroup reissued a “neutral” rating on shares of Buzzi in a research note on Thursday, May 21st. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Buzzi presently has an average rating of “Hold”.

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.