Buzzi S.p.A. (OTCMKTS:BZZUY) Short Interest Up 1,123.7% in December

Buzzi S.p.A. (OTCMKTS:BZZUY) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 465 shares, an increase of 1,123.7% from the December 15th total of 38 shares. Based on an average daily volume of 706 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 706 shares, the short-interest ratio is presently 0.7 days.

Buzzi Trading Down 6.2%

Shares of OTCMKTS BZZUY opened at $29.00 on Wednesday. Buzzi has a 52-week low of $18.40 and a 52-week high of $32.22. The stock has a 50 day moving average price of $30.56 and a 200 day moving average price of $28.48.

Wall Street Analyst Weigh In

Separately, UBS Group cut Buzzi to a “neutral” rating in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Buzzi currently has an average rating of “Hold”.

About Buzzi

Buzzi Unicem S.p.A., trading in the United States under the ticker OTCMKTS:BZZUY, is an international manufacturer and distributor of cement, ready-mix concrete and aggregates. Headquartered in Casale Monferrato, Italy, the company operates integrated production facilities that supply key construction markets. Its primary activities encompass quarrying, cement production, concrete batching and logistics for building materials, serving both commercial and infrastructure projects.

With a broad geographic footprint, Buzzi Unicem maintains operations across Western and Eastern Europe, North America and select markets in Latin America.