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

Buzzi S.p.A. (OTCMKTS:BZZUY) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 400 shares, a decline of 42.9% from the November 30th total of 700 shares. Based on an average daily volume of 6,300 shares, the short-interest ratio is presently 0.1 days.

Buzzi Price Performance

Shares of BZZUY remained flat at $18.91 during mid-day trading on Friday. The stock had a trading volume of 109 shares, compared to its average volume of 2,502. The company has a 50-day moving average price of $20.23 and a two-hundred day moving average price of $19.80. Buzzi has a one year low of $14.85 and a one year high of $22.25.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Buzzi in a report on Wednesday, October 2nd. They set a “buy” rating on the stock.

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.