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

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 82 shares, a drop of 87.6% from the April 30th total of 663 shares. Based on an average trading volume of 331,785 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

MONRY has been the topic of several research reports. Barclays reiterated an “overweight” rating on shares of Moncler in a report on Monday, February 23rd. Kepler Capital Markets upgraded Moncler from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Finally, Citigroup reiterated a “buy” rating on shares of Moncler in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, Moncler currently has a consensus rating of “Buy”.

Moncler Price Performance

Shares of MONRY stock traded up $1.06 during trading hours on Thursday, reaching $64.58. The company had a trading volume of 21,693 shares, compared to its average volume of 46,673. Moncler has a twelve month low of $53.24 and a twelve month high of $71.41. The stock’s fifty day simple moving average is $61.86 and its 200 day simple moving average is $63.01.

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.