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

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

Brembo Stock Performance

Shares of Brembo stock opened at $9.01 on Tuesday. The company’s 50 day moving average is $9.07 and its 200 day moving average is $10.24. Brembo has a twelve month low of $9.01 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.