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

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

Buzzi Trading Up 1.1%

BZZUY traded up $0.27 on Friday, hitting $24.40. 509 shares of the company’s stock were exchanged, compared to its average volume of 1,780. Buzzi has a fifty-two week low of $23.19 and a fifty-two week high of $32.22. The firm has a 50-day moving average price of $25.32 and a 200-day moving average price of $26.66.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on BZZUY shares. Citigroup reissued a “neutral” rating on shares of Buzzi in a research note on Thursday, May 21st. Jefferies Financial Group started coverage on shares of Buzzi in a research report on Monday, July 13th. They set a “hold” rating for the company. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus 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.