Pirelli & C. S.p.A. (OTCMKTS:PLLIF – Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 3,721,501 shares, a growth of 57.1% from the July 15th total of 2,368,342 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.
Pirelli & C. Stock Performance
Pirelli & C. stock opened at $7.33 on Tuesday. Pirelli & C. has a twelve month low of $6.03 and a twelve month high of $8.22. The company has a 50 day moving average of $7.67 and a 200-day moving average of $7.24.
About Pirelli & C.
Pirelli & C. S.p.A. is an Italian multinational tyre manufacturer and one of the world’s leading suppliers of high-value tyres. Founded in Milan in 1872 by Giovanni Battista Pirelli, the company has built its reputation around premium performance, technological innovation and product design. Pirelli specialises in tyres for cars, motorcycles and bicycles as well as motorsport applications, including its longstanding role as the exclusive tyre supplier to the FIA Formula One World Championship since 2011.
Following its 2015 separation from the industrial conglomerate that bore its name, Pirelli today operates through a network of over 100 manufacturing facilities and more than 20 research and development centres worldwide.
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