Short Interest in Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Declines By 79.9%

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 4,820 shares, a decrease of 79.9% from the December 31st total of 23,933 shares. Based on an average daily volume of 30,041 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 30,041 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets raised shares of Brunello Cucinelli to a “hold” rating in a report on Thursday, October 2nd. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Brunello Cucinelli has an average rating of “Hold”.

Brunello Cucinelli Trading Up 0.2%

BCUCY stock opened at $9.56 on Wednesday. The stock has a fifty day moving average of $10.89 and a 200-day moving average of $11.05. Brunello Cucinelli has a fifty-two week low of $9.50 and a fifty-two week high of $14.19.

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.