Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Short Interest Update

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 92 shares, a drop of 38.3% from the June 30th total of 149 shares. Based on an average trading volume of 78,944 shares, the days-to-cover ratio is currently 0.0 days.

Moncler Stock Down 0.8%

OTCMKTS MONRY traded down $0.45 during trading hours on Friday, reaching $55.97. 271,576 shares of the company’s stock were exchanged, compared to its average volume of 55,634. Moncler has a one year low of $53.10 and a one year high of $71.41. The firm has a fifty day moving average of $59.48 and a 200-day moving average of $60.91.

Analyst Ratings Changes

Several equities research analysts have recently commented on MONRY shares. Citigroup restated a “buy” rating on shares of Moncler in a research note on Friday, April 24th. Morgan Stanley began coverage on shares of Moncler in a report on Tuesday, June 23rd. They set an “equal weight” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus 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.