Brembo S.p.A. (OTCMKTS:BRBOF) Sees Large Growth in Short Interest

Brembo S.p.A. (OTCMKTS:BRBOF) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 446,500 shares, an increase of 39.8% from the March 31st total of 319,300 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 2,232.5 days.

Brembo Stock Up 3.3 %

Shares of BRBOF stock opened at $13.01 on Monday. The business’s fifty day moving average is $12.59 and its 200 day moving average is $12.21. Brembo has a twelve month low of $10.86 and a twelve month 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.