Buzzi S.p.A. (OTCMKTS:BZZUY) Short Interest Down 42.9% in December

Buzzi S.p.A. (OTCMKTS:BZZUY) saw a large decrease in short interest in December. As of December 15th, there was short interest totalling 400 shares, a decrease of 42.9% from the November 30th total of 700 shares. Based on an average daily volume of 6,300 shares, the short-interest ratio is presently 0.1 days.

Buzzi Stock Up 0.3 %

OTCMKTS BZZUY traded up $0.07 on Friday, hitting $18.91. 927 shares of the company were exchanged, compared to its average volume of 2,502. Buzzi has a 12 month low of $14.85 and a 12 month high of $22.25. The stock has a fifty day moving average of $20.24 and a 200-day moving average of $19.82.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft assumed coverage on Buzzi in a report on Wednesday, October 2nd. They issued a “buy” rating for the company.

Buzzi Company Profile

Buzzi S.p.A., together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and aggregates. It has operations primarily in Italy, the United States, Germany, Luxembourg, the Netherlands, Poland, the Czech Republic, Slovakia, Ukraine, Mexico, and Brazil. Buzzi S.p.A.