Short Interest in EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) Expands By 468.2%

EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 60,082 shares, a growth of 468.2% from the January 15th total of 10,575 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 165,006 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 165,006 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Several analysts have commented on ESLOY shares. HSBC upgraded shares of EssilorLuxottica from a “hold” rating to a “buy” rating in a report on Wednesday, January 14th. Zacks Research cut EssilorLuxottica from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Kepler Capital Markets upgraded EssilorLuxottica from a “hold” rating to a “buy” rating in a research report on Thursday, January 15th. Citigroup reiterated a “buy” rating on shares of EssilorLuxottica in a report on Thursday, December 11th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of EssilorLuxottica in a report on Tuesday, October 28th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy”.

EssilorLuxottica Price Performance

ESLOY stock traded down $2.80 during trading on Tuesday, hitting $149.14. 55,397 shares of the stock traded hands, compared to its average volume of 87,638. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.67 and a current ratio of 0.97. EssilorLuxottica has a 1 year low of $126.47 and a 1 year high of $186.81. The firm’s 50 day moving average is $160.57 and its two-hundred day moving average is $163.37.

EssilorLuxottica Company Profile

EssilorLuxottica SE is a global ophthalmic optics company formed through the 2018 merger of France-based Essilor and Italy-based Luxottica. Headquartered near Paris, the company combines lens manufacturing, frame design and production, brand management and retail operations to provide a vertically integrated offering across the vision care value chain. Its activities span product research and development, manufacturing, wholesale distribution and retailing of spectacles, sunglasses and ophthalmic lenses.

The company’s product portfolio includes prescription and non-prescription lenses, lens coatings and treatments, and an array of eyewear brands and frames.