Short Interest in Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Decreases By 74.4%

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 663 shares, a decline of 74.4% from the April 15th total of 2,587 shares. Based on an average trading volume of 43,918 shares, the short-interest ratio is presently 0.0 days.

Moncler Stock Down 3.9%

OTCMKTS MONRY traded down $2.30 during trading on Friday, reaching $57.40. 21,566 shares of the company traded hands, compared to its average volume of 46,867. The stock’s 50 day moving average price is $62.37 and its two-hundred day moving average price is $63.09. Moncler has a 1-year low of $53.24 and a 1-year high of $71.41.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Barclays restated an “overweight” rating on shares of Moncler in a research note on Monday, February 23rd. Citigroup restated a “buy” rating on shares of Moncler in a research note on Friday, April 24th. Finally, Kepler Capital Markets raised Moncler from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy”.

Moncler Company Profile

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.