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

Buzzi S.p.A. (OTCMKTS:BZZUY) was the target of a significant 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 daily trading volume, of 1,016 shares, the days-to-cover ratio is currently 2.4 days. Based on an average daily trading volume, of 1,016 shares, the days-to-cover ratio is currently 2.4 days.

Buzzi Price Performance

OTCMKTS:BZZUY remained flat at $28.27 during mid-day trading on Friday. 310 shares of the company traded hands, compared to its average volume of 1,637. Buzzi has a 52-week low of $21.60 and a 52-week high of $32.22. The firm’s fifty day simple moving average is $29.86 and its 200-day simple moving average is $28.90.

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.