Moncler S.p.A. (OTCMKTS:MONRF – Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,431,086 shares, an increase of 86.0% from the August 15th total of 1,306,918 shares. Based on an average daily volume of 840 shares, the days-to-cover ratio is presently 2,894.2 days.
Moncler Trading Down 5.8%
Moncler stock traded down $3.11 during midday trading on Thursday, hitting $50.35. 100 shares of the company’s stock were exchanged, compared to its average volume of 1,960. Moncler has a 12-month low of $49.96 and a 12-month high of $70.09. The firm’s 50 day simple moving average is $57.25 and its 200 day simple moving average is $60.79.
About Moncler
Moncler is an Italian luxury apparel company specializing in high-performance outerwear inspired by mountain exploration. The company’s product portfolio centers on down-filled jackets and vests designed for cold-weather conditions, complemented by skiwear, technical rainwear, ready-to-wear collections, footwear, accessories and homeware items. Moncler blends innovative fabrics, lightweight construction and refined aesthetics to serve both functional and fashion-conscious markets.
Originally founded in 1952 in Monestier-de-Clermont, near Grenoble, France, by René Ramillon and André Vincent, Moncler built its reputation outfitting mountaineers on expeditions.
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