Short Interest in Piaggio & C. SpA (OTCMKTS:PIAGF) Declines By 20.5%

Piaggio & C. SpA (OTCMKTS:PIAGF) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 1,515,300 shares, a drop of 20.5% from the August 31st total of 1,905,600 shares. Based on an average daily volume of 500 shares, the short-interest ratio is currently 3,030.6 days.

Piaggio & C. Stock Performance

OTCMKTS:PIAGF traded up C$0.09 during trading hours on Friday, reaching C$2.89. 200 shares of the company were exchanged, compared to its average volume of 15,352. Piaggio & C. has a 52-week low of C$2.67 and a 52-week high of C$3.51. The stock has a 50 day simple moving average of C$2.88 and a 200 day simple moving average of C$2.98.

Piaggio & C. Company Profile

Piaggio & C. SpA, together with its subsidiaries, engages in development, manufacture, and distribution of two-wheeler and commercial motor vehicles. The company provides two-wheelers, including scooters, motorcycles, and mopeds, as well as related spare parts and accessories under the Piaggio, Vespa, Aprilia, Moto Guzzi, Gilera, Derbi, and Scarabeo brands.