Buzzi S.p.A. (OTCMKTS:BZZUY) Short Interest Update

Buzzi S.p.A. (OTCMKTS:BZZUY) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 3,851 shares, a decline of 71.0% from the June 15th total of 13,298 shares. Based on an average daily volume of 6,059 shares, the short-interest ratio is currently 0.6 days.

Analysts Set New Price Targets

Separately, Citigroup reiterated a “neutral” rating on shares of Buzzi in a research report on Thursday, May 21st. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold”.

Buzzi Trading Up 2.2%

BZZUY stock traded up $0.56 during midday trading on Friday, reaching $25.31. 935 shares of the company traded hands, compared to its average volume of 1,692. Buzzi has a 52-week low of $23.40 and a 52-week high of $32.22. The business has a 50 day moving average of $26.58 and a 200-day moving average of $27.75.

Buzzi Company Profile

Buzzi Unicem S.p.A., trading in the United States under the ticker OTCMKTS:BZZUY, is an international manufacturer and distributor of cement, ready-mix concrete and aggregates. Headquartered in Casale Monferrato, Italy, the company operates integrated production facilities that supply key construction markets. Its primary activities encompass quarrying, cement production, concrete batching and logistics for building materials, serving both commercial and infrastructure projects.

With a broad geographic footprint, Buzzi Unicem maintains operations across Western and Eastern Europe, North America and select markets in Latin America.