Buzzi S.p.A. (OTCMKTS:BZZUY) Sees Large Growth in Short Interest

Buzzi S.p.A. (OTCMKTS:BZZUY) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 803 shares, a growth of ∞ from the May 14th total of 0 shares. Based on an average trading volume of 3,058 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analyst Weigh In

Separately, Citigroup reissued a “neutral” rating on shares of Buzzi in a report on Thursday, May 21st. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

Buzzi Stock Performance

OTCMKTS BZZUY opened at $26.90 on Friday. Buzzi has a twelve month low of $23.40 and a twelve month high of $32.22. The stock has a fifty day simple moving average of $27.22 and a 200 day simple moving average of $28.34.

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.