Brembo S.p.A. (OTCMKTS:BRBOF) Short Interest Down 14.3% in December

Brembo S.p.A. (OTCMKTS:BRBOF) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 2,394,900 shares, a decline of 14.3% from the November 30th total of 2,794,000 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 11,974.5 days.

Brembo Price Performance

Shares of BRBOF stock remained flat at $9.01 on Friday. The business has a 50-day moving average of $9.77 and a 200 day moving average of $10.62. Brembo has a 1 year low of $9.01 and a 1 year 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.