Short Interest in Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) Declines By 14.6%

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) was the target of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 711,687 shares, a drop of 14.6% from the January 29th total of 833,319 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Salvatore Ferragamo Price Performance

SFRGF opened at $10.15 on Wednesday. The stock’s 50 day moving average price is $9.94 and its two-hundred day moving average price is $7.31. Salvatore Ferragamo has a 12-month low of $9.00 and a 12-month high of $10.15.

About Salvatore Ferragamo

Salvatore Ferragamo S.p.A. is an Italian luxury fashion house known for its craftsmanship in footwear, leather goods, ready-to-wear, accessories, eyewear, watches and fragrances. Since its founding, the company has built a reputation for combining innovative design with high-quality materials, particularly in its signature shoe collections. In addition to its core footwear business, Ferragamo offers a range of handbags, small leather accessories and silk products that reflect its heritage of artisanal techniques.

The company was established in 1927 in Florence by Salvatore Ferragamo, who gained renown for designing custom shoes for Hollywood stars in the 1930s.