Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Short Interest Update

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 3,800 shares, a decrease of 78.4% from the September 30th total of 17,600 shares. Based on an average daily trading volume, of 52,000 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 52,000 shares, the days-to-cover ratio is currently 0.1 days.

Brunello Cucinelli Stock Down 0.9%

Brunello Cucinelli stock opened at $10.41 on Tuesday. The stock’s 50 day simple moving average is $11.12 and its two-hundred day simple moving average is $11.56. Brunello Cucinelli has a fifty-two week low of $9.08 and a fifty-two week high of $14.19.

Analysts Set New Price Targets

BCUCY has been the subject of a number of analyst reports. Oddo Bhf lowered Brunello Cucinelli to a “neutral” rating in a report on Friday, September 26th. Sanford C. Bernstein upgraded shares of Brunello Cucinelli from a “hold” rating to an “outperform” rating in a research report on Monday, September 29th. Kepler Capital Markets upgraded Brunello Cucinelli to a “hold” rating in a research report on Thursday, October 2nd. Finally, Zacks Research lowered shares of Brunello Cucinelli from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 1st. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

About Brunello Cucinelli

Brunello Cucinelli S.p.A., together with its subsidiaries, engages in the production and sale of clothing, accessories, and lifestyle products in Italy, Europe, North America, Japan, and China. The company offers women's collection, including coats and jackets, blazers, knitwear, suits, dresses, t-shirts and tops, shirts, skirts, pants, denim, travel wear; sneakers, heels, boots, loafers, sandals, flat shoes; jewelry, scarves, other accessories; mini bags and clutches; crossbody bags and backpacks; and handbags and shoppers.