Short Interest in Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Increases By 2,320.9%

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,041 shares, an increase of 2,320.9% from the May 14th total of 43 shares. Based on an average daily trading volume, of 19,916 shares, the short-interest ratio is currently 0.1 days.

Brunello Cucinelli Stock Performance

Brunello Cucinelli stock traded up $0.21 during midday trading on Tuesday, reaching $9.96. The stock had a trading volume of 102,864 shares, compared to its average volume of 38,650. Brunello Cucinelli has a 52-week low of $7.87 and a 52-week high of $13.41. The company has a fifty day moving average of $9.60 and a 200 day moving average of $9.94.

Analyst Ratings Changes

Separately, Morgan Stanley reiterated an “overweight” rating on shares of Brunello Cucinelli in a report on Monday, June 1st. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Brunello Cucinelli has an average rating of “Hold”.

Brunello Cucinelli Company Profile

Brunello Cucinelli S.p.A. is an Italian luxury fashion house founded in 1978 by entrepreneur and designer Brunello Cucinelli. Headquartered in the medieval village of Solomeo, near Perugia, the company has built a reputation for its high-end cashmere knitwear and a refined approach to timeless menswear, womenswear and accessories.

The company’s product portfolio encompasses ready-to-wear collections for men and women, accessories such as scarves, hats and bags, footwear and home goods.