Brembo S.p.A. (OTCMKTS:BRBOF) Short Interest Up 5.0% in January

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

Brembo Price Performance

Shares of OTCMKTS BRBOF opened at $9.01 on Tuesday. Brembo has a 1-year low of $9.01 and a 1-year high of $13.05. The business’s fifty day moving average price is $9.07 and its two-hundred day moving average price is $10.24.

About Brembo

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.