Technogym S.p.A. (OTCMKTS:TCCHF) Sees Significant Drop in Short Interest

Technogym S.p.A. (OTCMKTS:TCCHFGet Free Report) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 235,531 shares, a decrease of 35.9% from the May 31st total of 367,663 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Technogym Price Performance

Shares of OTCMKTS TCCHF opened at $24.00 on Thursday. Technogym has a 12-month low of $19.51 and a 12-month high of $24.25. The stock’s 50 day simple moving average is $23.77 and its 200 day simple moving average is $19.42.

About Technogym

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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.

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