Short Interest in Pirelli & C. S.p.A. (OTCMKTS:PLLIF) Declines By 15.0%

Pirelli & C. S.p.A. (OTCMKTS:PLLIF) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 2,465,000 shares, a decline of 15.0% from the March 31st total of 2,900,700 shares. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is currently 1,540.6 days.

Pirelli & C. Stock Performance

Shares of PLLIF opened at $5.98 on Tuesday. The stock’s fifty day moving average price is $5.93 and its two-hundred day moving average price is $5.41. Pirelli & C. has a 1 year low of $4.73 and a 1 year high of $6.30.

About Pirelli & C.

Pirelli & C. S.p.A. manufactures and supplies tires for cars, motorcycles, and bicycles worldwide. It offers car tires under the P ZERO, Cinturato, Scorpion, Sottozero, Pirelli Ice, and Carrier brand names; motorcycle tires under the DIABLO Superbike, DIABLO SUPERCORSA SC, DIABLO ROSSO IV, DIABLO Rain, ANGEL GT, DIABLO ROSSO II, DIABLO Wet, SCORPION MX, SCORPION Pro F.I.M., SCORPION XC, DIABLO SUPERCORSA SP, PHANTOM SPORTSCOMP, DIABLO Rosso IV Corsa, DIABLO Rosso III, ANGEL GT II, NIGHT DRAGON, MT 66 ROUTE, SCORPION Trail II, MT 60 RS, MT 60, SCORPION MT 90 A/T, SCORPION Rally STR, SPORT DEMON, MT 21 Rallycross, MT 43 PRO TRIAL, DIABLO ROSSO Scooter, and ANGEL Scooter brands; motorsport tires under the P ZERO TROFEO R, SOTTOZERO, P7 Corsa, K, KM, RK, rain, and Slick brands; bike tires under the P Zero, Cinturato, and Scorpion brand names; and truck and bus tires.