Short Interest in Technogym S.p.A. (OTCMKTS:TCCHF) Rises By 21.9%

Technogym S.p.A. (OTCMKTS:TCCHF) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 797,900 shares, a growth of 21.9% from the April 30th total of 654,600 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 7,979.0 days.

Wall Street Analysts Forecast Growth

Separately, Barclays began coverage on Technogym in a research report on Friday, April 4th. They issued a “neutral” rating on the stock.

Technogym Stock Performance

Shares of TCCHF stock opened at $14.00 on Wednesday. Technogym has a 52-week low of $10.25 and a 52-week high of $14.00. The stock’s 50-day moving average price is $11.68 and its 200 day moving average price is $10.95.

Technogym Company Profile

Technogym S.p.A., a wellness company, designs, manufactures, and sells fitness equipment worldwide. The company offers a range of wellness, physical exercise, and rehabilitation solutions. Its products include treadmills, exercise bikes, elliptical machines and cross trainers, rowers, workout bench, multi gym, dumbbells and kettlebells, weight training set, gym racks and benches, barbells and plates, and strength training machines.