Brembo S.p.A. (OTCMKTS:BRBOF) Short Interest Down 14.1% in May

Brembo S.p.A. (OTCMKTS:BRBOF) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 3,821,400 shares, a decrease of 14.1% from the April 30th total of 4,448,600 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is currently 1,737.0 days.

Brembo Stock Performance

Shares of OTCMKTS:BRBOF opened at $9.13 on Wednesday. Brembo has a 12-month low of $7.23 and a 12-month high of $11.47. The company’s 50 day moving average price is $8.92 and its two-hundred day moving average price is $9.19.

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.