Pirelli & C. S.p.A. (OTCMKTS:PLLIF) Sees Significant Decline in Short Interest

Pirelli & C. S.p.A. (OTCMKTS:PLLIF) saw a significant drop in short interest in April. As of April 15th, there was short interest totalling 2,465,000 shares, a drop of 15.0% from the March 31st total of 2,900,700 shares. Based on an average trading volume of 1,600 shares, the short-interest ratio is presently 1,540.6 days.

Pirelli & C. Trading Down 0.5 %

Shares of PLLIF opened at $5.98 on Monday. Pirelli & C. has a 12 month low of $4.73 and a 12 month high of $6.30. The stock has a fifty day moving average price of $5.93 and a 200-day moving average price of $5.40.

About Pirelli & C.

Pirelli & C. S.p.A. manufactures and supplies tires for cars, motorcycles, and bicycles worldwide. It offers car tires under the P ZERO, Cinturato, Scorpion, Sottozero, Pirelli Ice, and Carrier brand names; motorcycle tires under the DIABLO Superbike, DIABLO SUPERCORSA SC, DIABLO ROSSO IV, DIABLO Rain, ANGEL GT, DIABLO ROSSO II, DIABLO Wet, SCORPION MX, SCORPION Pro F.I.M., SCORPION XC, DIABLO SUPERCORSA SP, PHANTOM SPORTSCOMP, DIABLO Rosso IV Corsa, DIABLO Rosso III, ANGEL GT II, NIGHT DRAGON, MT 66 ROUTE, SCORPION Trail II, MT 60 RS, MT 60, SCORPION MT 90 A/T, SCORPION Rally STR, SPORT DEMON, MT 21 Rallycross, MT 43 PRO TRIAL, DIABLO ROSSO Scooter, and ANGEL Scooter brands; motorsport tires under the P ZERO TROFEO R, SOTTOZERO, P7 Corsa, K, KM, RK, rain, and Slick brands; bike tires under the P Zero, Cinturato, and Scorpion brand names; and truck and bus tires.