Technogym S.p.A. (OTCMKTS:TCCHF) Short Interest Update

Technogym S.p.A. (OTCMKTS:TCCHF) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 123,563 shares, a decline of 45.8% from the July 15th total of 227,872 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ? days.

Technogym Stock Performance

OTCMKTS TCCHF remained flat at $24.00 on Monday. The business’s fifty day moving average price is $24.00 and its 200 day moving average price is $21.68. Technogym has a one year low of $19.51 and a one year high of $24.25.

Analyst Ratings Changes

Separately, UBS Group raised Technogym to a “buy” rating in a research note on Wednesday, August 5th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Technogym currently has a consensus rating of “Moderate Buy”.

About Technogym

Technogym S.p.A. is a leading international provider of fitness and wellness equipment, digital platforms and services. Founded in 1983 by Nerio Alessandri and headquartered in Cesena, Italy, the company develops a comprehensive range of products designed for use in homes, gyms, hotels, corporate wellness centers and rehabilitation facilities. Technogym’s portfolio covers cardio machines, strength training equipment, functional training tools and accessories that cater to both professional athletes and everyday users seeking healthier lifestyles.

In addition to its hardware offerings, Technogym has built a cloud-based digital ecosystem that connects users, trainers and facility managers.