Short Interest in Brunello Cucinelli S.p.A. (OTCMKTS:BCUCY) Drops By 62.5%

Brunello Cucinelli S.p.A. (OTCMKTS:BCUCY) saw a significant drop in short interest in June. As of June 30th, there was short interest totalling 300 shares, a drop of 62.5% from the June 15th total of 800 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is presently 0.1 days.

Brunello Cucinelli Price Performance

BCUCY stock traded up $1.80 during trading on Thursday, reaching $51.37. 619 shares of the company traded hands, compared to its average volume of 3,468. Brunello Cucinelli has a 12 month low of $35.95 and a 12 month high of $64.79. The business has a 50 day simple moving average of $50.96 and a 200 day simple moving average of $52.61.

Brunello Cucinelli Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 5th. Investors of record on Tuesday, May 28th were given a dividend of $0.3163 per share. The ex-dividend date was Friday, May 24th. This is an increase from Brunello Cucinelli’s previous dividend of $0.23. Brunello Cucinelli’s dividend payout ratio (DPR) is presently 15.46%.

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.