Brembo S.p.A. (OTCMKTS:BRBOF) Short Interest Up 5.0% in January

Brembo S.p.A. (OTCMKTS:BRBOF) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 2,514,800 shares, a growth of 5.0% from the December 31st total of 2,394,900 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 8,382.7 days.

Brembo Stock Performance

Shares of BRBOF stock opened at $9.01 on Wednesday. Brembo has a twelve month low of $9.01 and a twelve month high of $13.05. The stock has a 50 day moving average of $9.07 and a 200 day moving average of $10.23.

Brembo Company Profile

Brembo S.p.A., together with its subsidiaries, designs, develops, produces, and sells braking systems and components for cars, motorbikes, and industrial vehicles and machinery. It operates through Discs Systems Motorbikes; and Aftermarket Performance Group segments. The company offers various products for car and commercial vehicle applications, including brake discs, brake calipers, side-wheel modules, and braking systems, as well as integrated engineering services for light commercial and heavy industrial vehicles, motorbikes, and racing competitions.