Brembo S.p.A. (OTCMKTS:BRBOF – Get Free Report) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 720,807 shares, a decline of 47.0% from the June 30th total of 1,360,730 shares. Based on an average daily volume of 8 shares, the short-interest ratio is presently 90,100.9 days.
Brembo Price Performance
Shares of BRBOF opened at $12.90 on Wednesday. Brembo has a fifty-two week low of $8.45 and a fifty-two week high of $13.84. The firm’s 50 day moving average price is $12.85 and its 200 day moving average price is $11.68.
About Brembo
Brembo S.p.A. (OTCMKTS:BRBOF) is a global leader in high-performance braking systems, serving the automotive, motorcycle and commercial vehicle markets. The company designs, develops and manufactures disc brakes, callipers, brake discs, drums and electronic brake control systems under its flagship Brembo brand. Its product range also includes carbon-ceramic composite brakes, master cylinders, hydraulic clutches and suspension components, catering to OEMs, the aftermarket and professional motorsport teams.
Since its founding in 1961 in Curno, Italy, Brembo has built a reputation for engineering excellence and innovation.
Featured Stories
- Five stocks we like better than Brembo
- UPS Just Gave Investors a Second Chance to Buy
- Welltower at 52-Week Highs—But Analysts Believe There’s More to Come
- D-Wave’s AT&T Deal Shows Quantum Computing Is Moving Beyond Theory
- Insiders Sell, Institutions Buy: The AI Trade Is Getting More Interesting
Receive News & Ratings for Brembo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brembo and related companies with MarketBeat.com's FREE daily email newsletter.
