Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Sees Significant Drop in Short Interest

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCYGet Free Report) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 43 shares, a decline of 96.3% from the April 30th total of 1,170 shares. Based on an average trading volume of 30,922 shares, the days-to-cover ratio is presently 0.0 days.

Brunello Cucinelli Trading Up 4.6%

OTCMKTS BCUCY traded up $0.42 during trading hours on Wednesday, hitting $9.65. 11,583 shares of the stock were exchanged, compared to its average volume of 39,952. Brunello Cucinelli has a 12-month low of $7.87 and a 12-month high of $13.41. The stock has a 50-day moving average of $9.39 and a 200 day moving average of $9.99.

About Brunello Cucinelli

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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.

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