Brembo S.p.A. (OTCMKTS:BRBOF) Short Interest Update

Brembo S.p.A. (OTCMKTS:BRBOF) was the recipient of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 2,048,500 shares, a decline of 13.6% from the January 15th total of 2,370,200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Brembo Stock Performance

Shares of OTCMKTS BRBOF opened at $9.01 on Monday. Brembo has a twelve month low of $9.01 and a twelve month high of $13.05. The stock’s 50 day moving average price is $9.06 and its 200-day moving average price is $10.12.

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.