Buzzi Unicem S.p.A. (OTCMKTS:BZZUY) Short Interest Down 23.3% in April


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Buzzi Unicem S.p.A. (OTCMKTS:BZZUY) was the recipient of a large decline in short interest in April. As of April 15th, there was short interest totalling 3,300 shares, a decline of 23.3% from the March 31st total of 4,300 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 16.5 days.

BZZUY has been the topic of a number of research reports. Berenberg Bank assumed coverage on shares of Buzzi Unicem in a report on Wednesday, April 14th. They set a “buy” rating on the stock. Barclays reaffirmed an “equal weight” rating on shares of Buzzi Unicem in a research report on Monday, March 29th. Morgan Stanley reaffirmed an “underweight” rating on shares of Buzzi Unicem in a research report on Tuesday, March 30th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Buzzi Unicem in a research report on Wednesday, April 14th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. Buzzi Unicem currently has an average rating of “Hold”.

OTCMKTS:BZZUY remained flat at $$13.36 during mid-day trading on Tuesday. Buzzi Unicem has a 52-week low of $9.00 and a 52-week high of $13.65. The business has a fifty day moving average price of $13.07 and a two-hundred day moving average price of $12.42.

About Buzzi Unicem

Buzzi Unicem SpA engages in the production and sale of cement, ready-mix concrete and natural aggregates. Its operations are carried through the following geographical segments: Italy; Central Europe which comprises Germany, Luxembourg and the Netherlands; Eastern Europe which covers Poland, Czech Republic, Slovakia, Ukraine, and Russia; the United States of America; and Mexico.

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