Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Short Interest Update

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 908 shares, a growth of 1,007.3% from the May 14th total of 82 shares. Based on an average daily volume of 81,749 shares, the short-interest ratio is presently 0.0 days.

Moncler Price Performance

Shares of OTCMKTS MONRY opened at $64.53 on Wednesday. The firm’s 50-day moving average price is $62.43 and its two-hundred day moving average price is $62.84. Moncler has a 52-week low of $53.24 and a 52-week high of $71.41.

Analyst Ratings Changes

Several brokerages have recently commented on MONRY. Barclays reaffirmed an “overweight” rating on shares of Moncler in a research report on Monday, February 23rd. Citigroup reaffirmed a “buy” rating on shares of Moncler in a research report on Friday, April 24th. Finally, Kepler Capital Markets raised shares of Moncler from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy”.

Moncler Company Profile

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.