Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Short Interest Up 1,007.3% in May

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 908 shares, an increase of 1,007.3% from the May 14th total of 82 shares. Based on an average trading volume of 81,749 shares, the days-to-cover ratio is currently 0.0 days.

Moncler Stock Up 3.4%

Shares of OTCMKTS:MONRY opened at $65.97 on Friday. The stock’s 50-day moving average price is $62.65 and its 200-day moving average price is $62.85. Moncler has a 12-month low of $53.24 and a 12-month high of $71.41.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Kepler Capital Markets upgraded Moncler from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. Barclays reiterated an “overweight” rating on shares of Moncler in a research report on Monday, February 23rd. Finally, Citigroup reissued a “buy” rating on shares of Moncler in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy”.

About Moncler

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.