Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Stock Short Interest Report for October

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 32,865 shares, an increase of 166.3% from the October 15th total of 12,340 shares. Based on an average daily volume of 64,468 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BCUCY shares. Royal Bank Of Canada raised Brunello Cucinelli from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 5th. Deutsche Bank reiterated a “buy” rating on shares of Brunello Cucinelli in a research report on Monday, August 3rd. Citigroup reissued a “buy” rating on shares of Brunello Cucinelli in a research note on Tuesday, October 20th. Finally, The Goldman Sachs Group initiated coverage on shares of Brunello Cucinelli in a report on Sunday, October 4th. They issued a “hold” rating for the company. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Brunello Cucinelli Stock Performance

BCUCY opened at $9.60 on Friday. Brunello Cucinelli has a twelve month low of $7.87 and a twelve month high of $12.47. The company has a 50-day moving average price of $9.26 and a 200 day moving average price of $9.50.

Brunello Cucinelli Company Profile

Brunello Cucinelli S.p.A. is an Italian luxury fashion company known for its cashmere and high-end clothing. The company designs, manufactures and distributes apparel, accessories and lifestyle products for women and men, with collections that emphasize premium materials, understated style and Italian craftsmanship. Founded in 1978 by Brunello Cucinelli, the company began with colored cashmere products and developed into a global luxury brand. Its products are sold through directly operated boutiques, digital channels and a network of selected wholesale partners in major markets across Europe, North America, Asia and other international regions.