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

Brembo S.p.A. (OTCMKTS:BRBOF) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 2,880,900 shares, a growth of 28.2% from the October 15th total of 2,246,900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 28,809.0 days.

Brembo Stock Up 3.1 %

Shares of OTCMKTS:BRBOF traded up $0.29 on Friday, hitting $9.46. The stock had a trading volume of 350 shares, compared to its average volume of 2,162. The firm’s 50 day moving average price is $10.94 and its 200-day moving average price is $11.23. Brembo has a twelve month low of $9.10 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.