Short Interest in Brembo S.p.A. (OTCMKTS:BRBOF) Rises By 5.0%

Brembo S.p.A. (OTCMKTS:BRBOF) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 2,514,800 shares, an increase of 5.0% from the December 15th total of 2,394,900 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is currently 8,382.7 days.

Brembo Price Performance

BRBOF stock opened at $9.01 on Tuesday. The firm has a 50 day moving average of $9.18 and a two-hundred day moving average of $10.38. Brembo has a 12 month low of $9.01 and a 12 month high of $13.05.

About Brembo

Brembo S.p.A., together with its subsidiaries, designs, develops, produces, and sells braking systems and components for cars, motorbikes, and industrial vehicles and machinery. It operates through Discs Systems Motorbikes; and Aftermarket Performance Group segments. The company offers various products for car and commercial vehicle applications, including brake discs, brake calipers, side-wheel modules, and braking systems, as well as integrated engineering services for light commercial and heavy industrial vehicles, motorbikes, and racing competitions.