Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Short Interest Down 38.3% in July

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 92 shares, a decrease of 38.3% from the June 30th total of 149 shares. Based on an average trading volume of 78,944 shares, the days-to-cover ratio is currently 0.0 days.

Moncler Stock Up 0.9%

Shares of OTCMKTS:MONRY traded up $0.49 during trading on Thursday, hitting $55.50. The stock had a trading volume of 13,045 shares, compared to its average volume of 43,828. Moncler has a 12 month low of $53.10 and a 12 month high of $71.41. The firm’s fifty day moving average is $59.65 and its 200 day moving average is $60.99.

Analysts Set New Price Targets

MONRY has been the topic of several recent analyst reports. Morgan Stanley began coverage on shares of Moncler in a report on Tuesday, June 23rd. They issued an “equal weight” rating on the stock. Citigroup reaffirmed a “buy” rating on shares of Moncler in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock 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.