Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Short Interest Up 576.9% in February

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 8,157 shares, a growth of 576.9% from the February 12th total of 1,205 shares. Based on an average daily trading volume, of 38,490 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 38,490 shares, the short-interest ratio is currently 0.2 days.

Moncler Stock Performance

Shares of MONRY stock traded down $0.50 during trading hours on Tuesday, reaching $64.19. The company had a trading volume of 74,887 shares, compared to its average volume of 25,159. Moncler has a 1-year low of $53.24 and a 1-year high of $70.16. The company has a 50 day moving average of $61.79 and a 200 day moving average of $62.02.

Analyst Ratings Changes

Several equities analysts have recently issued reports on MONRY shares. Kepler Capital Markets raised Moncler from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Barclays reissued an “overweight” rating on shares of Moncler in a report on Monday, February 23rd. Finally, JPMorgan Chase & Co. raised shares of Moncler from a “neutral” rating to an “overweight” rating in a research note on Friday, November 28th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Moncler presently 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.