Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Short Interest Update

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

Moncler Stock Performance

Moncler stock traded up $0.05 during trading hours on Wednesday, reaching $59.78. 17,079 shares of the company’s stock were exchanged, compared to its average volume of 47,360. The firm’s 50 day simple moving average is $62.55 and its 200 day simple moving average is $63.13. Moncler has a twelve month low of $53.24 and a twelve month high of $71.41.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Citigroup reaffirmed a “buy” rating on shares of Moncler in a research report on Friday, April 24th. Barclays reiterated an “overweight” rating on shares of Moncler in a report on Monday, February 23rd. Finally, Kepler Capital Markets upgraded Moncler from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. Based on data from MarketBeat.com, the company has a consensus 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.