Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY – Get Free Report) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 1,147 shares, a decline of 45.9% from the August 15th total of 2,121 shares. Based on an average daily volume of 111,428 shares, the short-interest ratio is presently 0.0 days.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on MONRY. HSBC reiterated a “buy” rating on shares of Moncler in a research report on Wednesday, September 9th. Morgan Stanley started coverage on Moncler in a research report on Tuesday, June 23rd. They set an “equal weight” rating on the stock. Finally, Citigroup reissued a “buy” rating on shares of Moncler in a research note on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy”.
View Our Latest Stock Report on Moncler
Moncler Trading Down 0.8%
About Moncler
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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