Buzzi S.p.A. (OTCMKTS:BZZUY – Get Free Report) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 3,851 shares, a decrease of 71.0% from the June 15th total of 13,298 shares. Based on an average trading volume of 6,059 shares, the days-to-cover ratio is currently 0.6 days.
Analyst Upgrades and Downgrades
Separately, Citigroup reissued a “neutral” rating on shares of Buzzi in a research note on Thursday, May 21st. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on Buzzi
Buzzi Stock Performance
About Buzzi
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.
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