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

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 592 shares, an increase of 543.5% from the July 15th total of 92 shares. Based on an average daily volume of 176,184 shares, the short-interest ratio is presently 0.0 days.

Moncler Trading Down 1.1%

Shares of MONRY traded down $0.63 during midday trading on Thursday, hitting $56.48. 16,199 shares of the company traded hands, compared to its average volume of 43,966. Moncler has a one year low of $53.10 and a one year high of $71.41. The stock has a 50-day moving average of $58.70 and a 200-day moving average of $60.84.

Analyst Upgrades and Downgrades

Several research analysts recently commented on MONRY shares. Citigroup reaffirmed a “buy” rating on shares of Moncler in a report on Friday, April 24th. Morgan Stanley initiated coverage on Moncler in a research report on Tuesday, June 23rd. They set an “equal weight” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Moncler presently 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.