Brembo S.p.A. (OTCMKTS:BRBOF – Get Free Report) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 720,807 shares, a decrease of 47.0% from the June 30th total of 1,360,730 shares. Based on an average daily trading volume, of 8 shares, the days-to-cover ratio is presently 90,100.9 days.
Brembo Price Performance
Shares of BRBOF stock opened at $12.90 on Wednesday. Brembo has a 1-year low of $8.45 and a 1-year high of $13.84. The company has a 50-day moving average of $12.85 and a two-hundred day moving average of $11.68.
Brembo Company Profile
Brembo S.p.A. (OTCMKTS:BRBOF) is a global leader in high-performance braking systems, serving the automotive, motorcycle and commercial vehicle markets. The company designs, develops and manufactures disc brakes, callipers, brake discs, drums and electronic brake control systems under its flagship Brembo brand. Its product range also includes carbon-ceramic composite brakes, master cylinders, hydraulic clutches and suspension components, catering to OEMs, the aftermarket and professional motorsport teams.
Since its founding in 1961 in Curno, Italy, Brembo has built a reputation for engineering excellence and innovation.
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