Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Sees Large Growth in Short Interest

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 23,933 shares, an increase of 344.9% from the December 15th total of 5,380 shares. Based on an average daily trading volume, of 27,952 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily trading volume, of 27,952 shares, the days-to-cover ratio is currently 0.9 days.

Brunello Cucinelli Stock Performance

OTCMKTS BCUCY opened at $11.52 on Tuesday. Brunello Cucinelli has a one year low of $9.51 and a one year high of $14.19. The firm’s fifty day moving average is $10.93 and its two-hundred day moving average is $11.25.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Oddo Bhf cut Brunello Cucinelli to a “neutral” rating in a research note on Friday, September 26th. Kepler Capital Markets upgraded Brunello Cucinelli to a “hold” rating in a report on Thursday, October 2nd. Finally, Sanford C. Bernstein upgraded Brunello Cucinelli from a “hold” rating to an “outperform” rating in a research note on Monday, September 29th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

Brunello Cucinelli Company Profile

Brunello Cucinelli S.p.A. is an Italian luxury fashion house founded in 1978 by entrepreneur and designer Brunello Cucinelli. Headquartered in the medieval village of Solomeo, near Perugia, the company has built a reputation for its high-end cashmere knitwear and a refined approach to timeless menswear, womenswear and accessories.

The company’s product portfolio encompasses ready-to-wear collections for men and women, accessories such as scarves, hats and bags, footwear and home goods.