Brembo S.p.A. (OTCMKTS:BRBOF) Short Interest Update

Brembo S.p.A. (OTCMKTS:BRBOF) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 2,514,800 shares, an increase of 5.0% from the December 15th total of 2,394,900 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 8,382.7 days.

Brembo Price Performance

Shares of OTCMKTS:BRBOF opened at $9.01 on Tuesday. The firm has a fifty day moving average of $9.18 and a two-hundred day moving average of $10.38. Brembo has a 12-month low of $9.01 and a 12-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.