Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Stock Short Interest Jumps 1,686.1%

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 20,486 shares, an increase of 1,686.1% from the August 31st total of 1,147 shares. Based on an average trading volume of 98,862 shares, the short-interest ratio is currently 0.2 days.

Moncler Stock Down 0.2%

Shares of Moncler stock opened at $49.93 on Friday. Moncler has a 1 year low of $48.90 and a 1 year high of $71.41. The stock has a fifty day moving average price of $54.32 and a 200-day moving average price of $58.84.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Citigroup reaffirmed a “buy” rating on shares of Moncler in a report on Wednesday, August 19th. HSBC reissued a “buy” rating on shares of Moncler in a research report on Wednesday, September 9th. Royal Bank Of Canada restated a “sector perform” rating on shares of Moncler in a report on Tuesday. Finally, Morgan Stanley initiated coverage on shares of Moncler in a research report on Tuesday, June 23rd. They issued an “equal weight” rating for the company. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

About Moncler

Moncler S.p.A. is an Italian luxury apparel company best known for its premium outerwear, including down jackets, parkas and other cold-weather garments. Its product range also includes clothing, footwear, bags, accessories and related lifestyle products for men, women and children.

The company was founded in 1952 in Monestier-de-Clermont, France, and later developed its corporate and creative base in Italy. Moncler has expanded from its original focus on technical mountain clothing into a global luxury brand, combining performance-oriented materials and designs with fashion-led collections and collaborations.

Moncler sells its products through directly operated stores, e-commerce platforms and selected wholesale partners across Europe, Asia and the Americas.