Technogym S.p.A. (OTCMKTS:TCCHF) Sees Large Increase in Short Interest

Technogym S.p.A. (OTCMKTS:TCCHF) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 270,000 shares, an increase of 21.4% from the August 15th total of 222,400 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 2,700.0 days.

Technogym Stock Performance

TCCHF opened at $9.50 on Monday. Technogym has a fifty-two week low of $9.50 and a fifty-two week high of $9.50. The firm has a 50-day moving average of $9.50 and a 200 day moving average of $9.28.

Technogym Company Profile

Technogym S.p.A., a wellness company, designs, manufactures, and sells fitness equipment worldwide. The company offers a range of wellness, physical exercise, and rehabilitation solutions. Its products include treadmills, exercise bikes, elliptical cross trainers, rowers, stair climbers, upper body trainers, plate loaded equipment, weight benches and racks, free weights, functional training equipment, and stretching equipment; and exercise tools, such as exercise mat, floor mat, loop band resistance, elastic bands, power band resistance, jump rope, foam roller, wellness ball, balance pad, balance dome, slam ball, and medicine ball, as well as personal line products.