Pirelli & C. S.p.A. (OTCMKTS:PLLIF) Short Interest Up 57.1% in July

Pirelli & C. S.p.A. (OTCMKTS:PLLIFGet Free Report) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 3,721,501 shares, an increase 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 presently ∞ days.

Pirelli & C. Stock Up 0.9%

Shares of OTCMKTS:PLLIF opened at $7.40 on Wednesday. The business has a 50-day moving average of $7.69 and a two-hundred day moving average of $7.24. Pirelli & C. has a fifty-two week low of $6.03 and a fifty-two week high of $8.22.

Pirelli & C. Company Profile

(Get Free Report)

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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