Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Short Interest Update

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 19,299 shares, an increase of 136.6% from the February 26th total of 8,157 shares. Based on an average daily trading volume, of 67,834 shares, the days-to-cover ratio is presently 0.3 days.

Moncler Price Performance

Shares of OTCMKTS:MONRY opened at $60.54 on Thursday. The business’s 50 day simple moving average is $61.37 and its 200-day simple moving average is $62.34. Moncler has a 12 month low of $53.24 and a 12 month high of $70.16.

Analyst Ratings Changes

Several research firms have issued reports on MONRY. JPMorgan Chase & Co. upgraded Moncler from a “neutral” rating to an “overweight” rating in a research report on Friday, November 28th. Barclays restated an “overweight” rating on shares of Moncler in a research report on Monday, February 23rd. Finally, Kepler Capital Markets raised shares of Moncler from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Moncler currently has an average rating of “Buy”.

About Moncler

Moncler S.p.A. is an Italian luxury fashion house best known for its high-end down jackets and skiwear. Established in 1952 in Monestier-de-Clermont, near Grenoble, France, the company has built a strong reputation for combining technical performance with refined aesthetics. Its core product lineup includes insulated jackets, vests, coats, knitwear, footwear and accessories, all designed to withstand extreme weather while meeting the standards of high fashion.

Originally founded by René Ramillon and André Vincent as a maker of quilted sleeping bags and tents, Moncler gradually shifted focus to outerwear for mountain sports.