Short Interest in Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) Rises By 51.0%

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 833,319 shares, a growth of 51.0% from the January 15th total of 551,981 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Salvatore Ferragamo Price Performance

SFRGF stock opened at $10.15 on Friday. Salvatore Ferragamo has a twelve month low of $9.00 and a twelve month high of $10.15. The business’s 50-day moving average price is $9.53 and its 200-day moving average price is $6.94.

About Salvatore Ferragamo

Salvatore Ferragamo S.p.A. is an Italian luxury fashion house known for its craftsmanship in footwear, leather goods, ready-to-wear, accessories, eyewear, watches and fragrances. Since its founding, the company has built a reputation for combining innovative design with high-quality materials, particularly in its signature shoe collections. In addition to its core footwear business, Ferragamo offers a range of handbags, small leather accessories and silk products that reflect its heritage of artisanal techniques.

The company was established in 1927 in Florence by Salvatore Ferragamo, who gained renown for designing custom shoes for Hollywood stars in the 1930s.