Brunello Cucinelli S.p.A. (OTCMKTS:BCUCY) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totalling 1,500 shares, a growth of 150.0% from the September 15th total of 600 shares. Based on an average daily volume of 4,700 shares, the days-to-cover ratio is presently 0.3 days.
Separately, Deutsche Bank Aktiengesellschaft set a $31.05 price target on shares of Brunello Cucinelli and gave the company a “hold” rating in a research report on Monday, July 12th.
Shares of OTCMKTS BCUCY traded down $0.12 during midday trading on Thursday, reaching $28.58. 600 shares of the company traded hands, compared to its average volume of 1,827. The stock’s 50-day simple moving average is $30.06 and its 200-day simple moving average is $29.04. Brunello Cucinelli has a 12 month low of $15.08 and a 12 month high of $34.60.
Brunello Cucinelli SpA engages in the design, manufacture and distribution of luxury clothing and accessories. It specializes in cashmere products in the ready-to-wear apparel sector under the brand name Brunello Cucinelli. The company was founded by Brunello Cucinelli in 1978 and is headquartered in Corciano, Italy.
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