Piaggio & C. SpA (OTCMKTS:PIAGF – Get Free Report) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 706,113 shares, a decline of 32.3% from the August 15th total of 1,042,864 shares. Based on an average daily volume of 1,236 shares, the short-interest ratio is presently 571.3 days.
Piaggio & C. Price Performance
Shares of OTCMKTS PIAGF traded up C$0.02 during midday trading on Thursday, hitting C$2.17. 2,500 shares of the company traded hands, compared to its average volume of 1,835. Piaggio & C. has a 12-month low of C$1.80 and a 12-month high of C$2.50. The stock has a 50-day moving average price of C$2.18 and a 200 day moving average price of C$2.03.
Piaggio & C. Company Profile
Piaggio & C. S.p.A. is a leading Italian manufacturer of two-wheel and light commercial vehicles, best known for its iconic Vespa scooter. Established in 1884 in Pontedera, Italy, Piaggio initially focused on ship fittings and locomotive parts before expanding into aircraft component manufacturing during the early 20th century. In the post-World War II era, the company introduced the Vespa scooter, which became synonymous with urban mobility and remains one of the world’s most recognized scooter brands.
The company’s product portfolio encompasses a wide range of two-wheel vehicles, including scooters and motorcycles under the Vespa, Aprilia, Moto Guzzi and Derbi marques.
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