Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) Sees Significant Decrease in Short Interest

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 551,981 shares, a decrease of 33.5% from the December 31st total of 830,068 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Salvatore Ferragamo Stock Performance

Shares of OTCMKTS:SFRGF opened at $10.15 on Monday. The company’s 50-day moving average price is $8.60 and its 200 day moving average price is $6.68. Salvatore Ferragamo has a fifty-two week low of $9.00 and a fifty-two week high of $10.15.

About Salvatore Ferragamo

Salvatore Ferragamo S.p.A. is an Italian luxury fashion house known for its craftsmanship in footwear, leather goods, ready-to-wear, accessories, eyewear, watches and fragrances. Since its founding, the company has built a reputation for combining innovative design with high-quality materials, particularly in its signature shoe collections. In addition to its core footwear business, Ferragamo offers a range of handbags, small leather accessories and silk products that reflect its heritage of artisanal techniques.

The company was established in 1927 in Florence by Salvatore Ferragamo, who gained renown for designing custom shoes for Hollywood stars in the 1930s.