Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Short Interest Up 350.0% in July

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 900 shares, a growth of 350.0% from the June 30th total of 200 shares. Based on an average daily trading volume, of 13,500 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, HSBC cut shares of Moncler from a “buy” rating to a “hold” rating in a research report on Thursday, April 24th.

Moncler Price Performance

Shares of MONRY opened at $54.32 on Thursday. The firm has a fifty day simple moving average of $59.37 and a two-hundred day simple moving average of $62.35. Moncler has a twelve month low of $47.12 and a twelve month high of $71.79.

Moncler Company Profile

Moncler S.p.A., together with its subsidiaries, designs, produces, and distributes clothing and related accessories for men, women, and children under the Moncler and Stone Island brand names in Italy, rest of Europe, Asia, the Middle East, Africa, and the Americas. It also offers footwear products; leather goods; bags, backpacks, and accessories; and sunglasses and eyeglasses under the Moncler Lunettes brand.