Pirelli & C. S.p.A. (OTCMKTS:PLLIF – Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 4,423,650 shares, an increase of 67.5% from the May 14th total of 2,640,466 shares. Based on an average daily volume of 184 shares, the days-to-cover ratio is currently 24,041.6 days.
Pirelli & C. Price Performance
PLLIF remained flat at $7.05 on Monday. The company’s stock had a trading volume of 4 shares, compared to its average volume of 1,194. The stock’s 50-day moving average is $6.83 and its 200 day moving average is $7.11. Pirelli & C. has a 12-month low of $6.03 and a 12-month high of $8.08.
Pirelli & C. Company Profile
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.
See Also
- Five stocks we like better than Pirelli & C.
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
- Iran Ceasefire or Not, These 3 Companies Could Win
Receive News & Ratings for Pirelli & C. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pirelli & C. and related companies with MarketBeat.com's FREE daily email newsletter.
