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

Buzzi S.p.A. (OTCMKTS:BZZUY) was the target of a large decrease in short interest in the month of 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 days-to-cover ratio is currently 0.1 days.

Buzzi Stock Performance

Shares of BZZUY remained flat at $18.91 during midday trading on Friday. 109 shares of the stock traded hands, compared to its average volume of 2,502. Buzzi has a 52 week low of $14.85 and a 52 week high of $22.25. The company’s fifty day simple moving average is $20.23 and its 200 day simple moving average is $19.79.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft started coverage on Buzzi in a research report on Wednesday, October 2nd. They set 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.