Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Stock Short Interest Climbs 1,686.1%

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 20,486 shares, a growth of 1,686.1% from the August 31st total of 1,147 shares. Based on an average daily trading volume, of 98,862 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Citigroup reaffirmed a “buy” rating on shares of Moncler in a research report on Wednesday, August 19th. HSBC reissued a “buy” rating on shares of Moncler in a report on Wednesday, September 9th. Morgan Stanley started coverage on shares of Moncler in a report on Tuesday, June 23rd. They set an “equal weight” rating on the stock. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Moncler in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.

Moncler Stock Up 0.0%

Moncler stock traded up $0.01 during mid-day trading on Thursday, reaching $50.04. The company’s stock had a trading volume of 77,814 shares, compared to its average volume of 45,637. The firm’s fifty day moving average price is $54.67 and its two-hundred day moving average price is $59.01. Moncler has a 12-month low of $48.90 and a 12-month high of $71.41.

Moncler Company Profile

Moncler S.p.A. is an Italian luxury apparel company best known for its premium outerwear, including down jackets, parkas and other cold-weather garments. Its product range also includes clothing, footwear, bags, accessories and related lifestyle products for men, women and children.

The company was founded in 1952 in Monestier-de-Clermont, France, and later developed its corporate and creative base in Italy. Moncler has expanded from its original focus on technical mountain clothing into a global luxury brand, combining performance-oriented materials and designs with fashion-led collections and collaborations.

Moncler sells its products through directly operated stores, e-commerce platforms and selected wholesale partners across Europe, Asia and the Americas.