EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) Short Interest Down 84.5% in February

EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) was the target of a significant decline in short interest in February. As of February 27th, there was short interest totaling 1,733 shares, a decline of 84.5% from the February 12th total of 11,183 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 371,108 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 371,108 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

EssilorLuxottica Stock Down 0.2%

OTCMKTS:ESLOY traded down $0.25 during trading hours on Tuesday, hitting $122.50. The company had a trading volume of 108,641 shares, compared to its average volume of 122,031. EssilorLuxottica has a 1 year low of $118.51 and a 1 year high of $186.81. The company has a 50-day moving average of $149.64 and a 200 day moving average of $161.70. The company has a quick ratio of 0.67, a current ratio of 0.97 and a debt-to-equity ratio of 0.18.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on ESLOY shares. UBS Group upgraded EssilorLuxottica from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 27th. Kepler Capital Markets raised EssilorLuxottica from a “hold” rating to a “buy” rating in a report on Thursday, January 15th. Citigroup reaffirmed a “buy” rating on shares of EssilorLuxottica in a research note on Thursday, December 11th. Zacks Research cut EssilorLuxottica from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of EssilorLuxottica in a research note on Friday, December 5th. Two research analysts have rated the stock with a Strong Buy rating, five 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”.

About EssilorLuxottica

EssilorLuxottica SE is a global ophthalmic optics company formed through the 2018 merger of France-based Essilor and Italy-based Luxottica. Headquartered near Paris, the company combines lens manufacturing, frame design and production, brand management and retail operations to provide a vertically integrated offering across the vision care value chain. Its activities span product research and development, manufacturing, wholesale distribution and retailing of spectacles, sunglasses and ophthalmic lenses.

The company’s product portfolio includes prescription and non-prescription lenses, lens coatings and treatments, and an array of eyewear brands and frames.