Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Short Interest Update

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 21,683 shares, an increase of 77.6% from the June 15th total of 12,211 shares. Based on an average daily volume of 358,371 shares, the days-to-cover ratio is currently 0.1 days.

Brunello Cucinelli Stock Performance

Shares of BCUCY opened at $9.13 on Friday. The firm has a 50 day simple moving average of $9.60 and a two-hundred day simple moving average of $9.65. Brunello Cucinelli has a one year low of $7.87 and a one year high of $12.55.

Wall Street Analyst Weigh In

A number of research firms recently commented on BCUCY. Deutsche Bank Aktiengesellschaft assumed coverage on Brunello Cucinelli in a research note on Friday, June 26th. They issued a “buy” rating for the company. Morgan Stanley reiterated an “overweight” rating on shares of Brunello Cucinelli in a research note on Monday, June 1st. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

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.