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

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 592 shares, a growth of 543.5% from the July 15th total of 92 shares. Based on an average daily volume of 176,184 shares, the days-to-cover ratio is currently 0.0 days.

Moncler Stock Performance

Shares of OTCMKTS:MONRY opened at $56.28 on Friday. Moncler has a 1 year low of $53.10 and a 1 year high of $71.41. The stock’s 50-day moving average is $58.58 and its 200 day moving average is $60.82.

Analysts Set New Price Targets

MONRY has been the subject of several analyst reports. Citigroup reiterated a “buy” rating on shares of Moncler in a report on Friday, April 24th. Morgan Stanley assumed coverage on shares of Moncler in a research note on Tuesday, June 23rd. They issued an “equal weight” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average 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.