Short Interest in Brembo S.p.A. (OTCMKTS:BRBOF) Expands By 28.2%

Brembo S.p.A. (OTCMKTS:BRBOF) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 2,880,900 shares, an increase of 28.2% from the October 15th total of 2,246,900 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 28,809.0 days.

Brembo Stock Performance

BRBOF remained flat at $9.17 on Friday. The stock’s fifty day moving average price is $10.98 and its 200 day moving average price is $11.25. Brembo has a 52-week low of $9.17 and a 52-week high of $13.05.

Brembo Company Profile

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.