Short Interest in Buzzi S.p.A. (OTCMKTS:BZZUY) Declines By 33.3%

Buzzi S.p.A. (OTCMKTS:BZZUY) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 200 shares, a decrease of 33.3% from the September 15th total of 300 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft assumed coverage on Buzzi in a research note on Wednesday, October 2nd. They set a “buy” rating for the company.

Buzzi Stock Down 0.4 %

Buzzi stock traded down $0.08 during trading hours on Monday, reaching $19.49. 100 shares of the stock were exchanged, compared to its average volume of 2,606. The firm’s 50 day moving average is $19.24 and its 200 day moving average is $19.62. Buzzi has a 52-week low of $12.31 and a 52-week high of $21.89.

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.