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

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 3,800 shares, a drop of 78.4% from the September 30th total of 17,600 shares. Based on an average daily volume of 52,000 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 52,000 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Kepler Capital Markets raised Brunello Cucinelli to a “hold” rating in a research note on Thursday, October 2nd. Oddo Bhf downgraded shares of Brunello Cucinelli to a “neutral” rating in a research report on Friday, September 26th. Sanford C. Bernstein upgraded shares of Brunello Cucinelli from a “hold” rating to an “outperform” rating in a research report on Monday, September 29th. Finally, Zacks Research downgraded shares of Brunello Cucinelli from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 1st. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold”.

Brunello Cucinelli Stock Down 0.9%

BCUCY stock opened at $10.41 on Tuesday. The stock’s 50 day simple moving average is $11.12 and its 200 day simple moving average is $11.56. Brunello Cucinelli has a fifty-two week low of $9.08 and a fifty-two week high of $14.19.

About Brunello Cucinelli

Brunello Cucinelli S.p.A., together with its subsidiaries, engages in the production and sale of clothing, accessories, and lifestyle products in Italy, Europe, North America, Japan, and China. The company offers women's collection, including coats and jackets, blazers, knitwear, suits, dresses, t-shirts and tops, shirts, skirts, pants, denim, travel wear; sneakers, heels, boots, loafers, sandals, flat shoes; jewelry, scarves, other accessories; mini bags and clutches; crossbody bags and backpacks; and handbags and shoppers.