Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Short Interest Up 543.5% in July

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 592 shares, a growth of 543.5% from the July 15th total of 92 shares. Based on an average trading volume of 176,184 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Citigroup reissued a “buy” rating on shares of Moncler in a research note on Friday, April 24th. Morgan Stanley started coverage on shares of Moncler in a report on Tuesday, June 23rd. They set an “equal weight” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Moncler Stock Performance

Shares of MONRY opened at $58.58 on Wednesday. The business has a 50-day moving average of $58.81 and a 200-day moving average of $60.84. Moncler has a 1 year low of $53.10 and a 1 year high of $71.41.

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.