Brembo S.p.A. (OTCMKTS:BRBOF) Short Interest Down 14.3% in December

Brembo S.p.A. (OTCMKTS:BRBOF) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 2,394,900 shares, a drop of 14.3% from the November 30th total of 2,794,000 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 11,974.5 days.

Brembo Price Performance

OTCMKTS BRBOF remained flat at $9.01 during trading hours on Monday. Brembo has a 12 month low of $9.01 and a 12 month high of $13.05. The stock’s 50 day simple moving average is $9.77 and its two-hundred day simple moving average is $10.62.

About Brembo

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.