EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) Stock Short Interest Report for September

EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 100,484 shares, a growth of 324.2% from the September 15th total of 23,688 shares. Based on an average daily volume of 337,986 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Kepler Capital Markets lowered shares of EssilorLuxottica from a “strong-buy” rating to a “strong sell” rating in a research note on Thursday, September 17th. The Goldman Sachs Group cut shares of EssilorLuxottica from a “buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Royal Bank Of Canada restated an “outperform” rating on shares of EssilorLuxottica in a research note on Tuesday, September 22nd. Finally, Zacks Research upgraded EssilorLuxottica from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 18th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

EssilorLuxottica Price Performance

OTCMKTS:ESLOY opened at $82.01 on Tuesday. EssilorLuxottica has a 1-year low of $79.27 and a 1-year high of $186.81. The firm has a fifty day simple moving average of $88.49 and a 200 day simple moving average of $98.18.

EssilorLuxottica Company Profile

EssilorLuxottica is a global company focused on the design, manufacture and distribution of ophthalmic lenses, prescription eyewear and sunglasses. Its activities span the optical value chain, including lens technologies, frames, retail, wholesale distribution and related vision-care services.

The company’s portfolio includes proprietary and licensed eyewear brands such as Ray-Ban, Oakley, Persol, Oliver Peoples and Vogue Eyewear, as well as lens brands including Varilux, Crizal and Transitions.