Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY) Sees Significant Drop in Short Interest

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 1,300 shares, a drop of 75.9% from the August 31st total of 5,400 shares. Based on an average daily volume of 27,700 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 27,700 shares, the days-to-cover ratio is currently 0.0 days.

Salvatore Ferragamo Price Performance

SFRGY opened at $3.10 on Thursday. Salvatore Ferragamo has a 1-year low of $2.54 and a 1-year high of $4.52. The company’s 50 day simple moving average is $2.83 and its two-hundred day simple moving average is $3.05.

About Salvatore Ferragamo

Salvatore Ferragamo S.p.A., through its subsidiaries, creates, produces, and sells luxury goods for men and women in Italy, rest of Europe, North America, Japan, the Asia Pacific, and Central and South America. It offers men’s and women’s footwear; leather goods, such as handbags, suitcases, belts, wallets, and other men’s and women’s leather accessories; and knitwear, clothes for formal occasions, sportswear, and leisure wear, as well as outerwear, such as husky jackets, ponchos, and leather garments.