Short Interest in Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) Declines By 21.4%

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 1,540,300 shares, a drop of 21.4% from the April 30th total of 1,959,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 15,403.0 days.

Salvatore Ferragamo Price Performance

OTCMKTS SFRGF remained flat at $6.40 during trading on Tuesday. Salvatore Ferragamo has a 12 month low of $6.40 and a 12 month high of $8.08. The firm has a fifty day simple moving average of $7.40 and a 200 day simple moving average of $7.28.

About Salvatore Ferragamo

Salvatore Ferragamo S.p.A., through its subsidiaries, creates, produces, and sells luxury goods for men and women in Italy, rest of Europe, North America, Japan, the Asia Pacific, and Central and South America. It offers men's and women's footwear; leather goods, such as handbags, suitcases, belts, wallets, and other men's and women's leather accessories; and knitwear, clothes for formal occasions, sportswear, and leisure wear, as well as outerwear, such as husky jackets, ponchos, and leather garments.