Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Sees Significant Growth in Short Interest

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 15,728 shares, a growth of 78.5% from the November 30th total of 8,812 shares. Based on an average daily trading volume, of 24,919 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 24,919 shares, the short-interest ratio is presently 0.6 days.

Analyst Ratings Changes

MONRY has been the subject of a number of recent analyst reports. Barclays upgraded Moncler from a “hold” rating to an “overweight” rating in a report on Tuesday, November 4th. JPMorgan Chase & Co. upgraded shares of Moncler from a “neutral” rating to an “overweight” rating in a report on Friday, November 28th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Moncler Stock Performance

Shares of MONRY opened at $64.60 on Tuesday. The firm has a 50 day simple moving average of $65.10 and a two-hundred day simple moving average of $60.32. Moncler has a one year low of $49.37 and a one year high of $71.79.

About Moncler

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.