Technogym S.p.A. (OTCMKTS:TCCHF) Short Interest Update

Technogym S.p.A. (OTCMKTS:TCCHF) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 123,563 shares, a decrease of 45.8% from the July 15th total of 227,872 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded Technogym to a “buy” rating in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Technogym Price Performance

OTCMKTS TCCHF remained flat at $24.00 during trading hours on Monday. The firm’s 50 day moving average price is $24.00 and its two-hundred day moving average price is $21.68. Technogym has a 52-week low of $19.51 and a 52-week high of $24.25.

Technogym Company Profile

Technogym S.p.A. is a leading international provider of fitness and wellness equipment, digital platforms and services. Founded in 1983 by Nerio Alessandri and headquartered in Cesena, Italy, the company develops a comprehensive range of products designed for use in homes, gyms, hotels, corporate wellness centers and rehabilitation facilities. Technogym’s portfolio covers cardio machines, strength training equipment, functional training tools and accessories that cater to both professional athletes and everyday users seeking healthier lifestyles.

In addition to its hardware offerings, Technogym has built a cloud-based digital ecosystem that connects users, trainers and facility managers.