Short Interest in Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Grows By 1,007.3%

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRYGet Free Report) was the target of a large 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.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Citigroup reiterated a “buy” rating on shares of Moncler in a report on Friday, April 24th. Kepler Capital Markets upgraded Moncler from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Finally, Barclays restated an “overweight” rating on shares of Moncler in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to data from MarketBeat.com, Moncler currently has a consensus rating of “Buy”.

Read Our Latest Research Report on MONRY

Moncler Stock Performance

Shares of Moncler stock traded up $1.62 during midday trading on Thursday, hitting $65.40. The company had a trading volume of 6,288 shares, compared to its average volume of 44,056. The company has a 50 day moving average of $62.54 and a 200 day moving average of $62.84. Moncler has a 52-week low of $53.24 and a 52-week high of $71.41.

About Moncler

(Get Free Report)

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.

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