EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Sees Significant Increase in Short Interest

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 14,800 shares, an increase of 80.5% from the January 31st total of 8,200 shares. Based on an average daily volume of 67,700 shares, the short-interest ratio is currently 0.2 days.

EssilorLuxottica Société anonyme Stock Performance

Shares of ESLOY traded down $0.77 during midday trading on Monday, reaching $148.24. 30,873 shares of the stock were exchanged, compared to its average volume of 37,045. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.88 and a quick ratio of 0.62. EssilorLuxottica Société anonyme has a 52 week low of $103.41 and a 52 week high of $155.46. The company’s 50 day moving average is $134.05 and its two-hundred day moving average is $124.09.

Analysts Set New Price Targets

ESLOY has been the subject of a number of research analyst reports. Royal Bank of Canada upgraded shares of EssilorLuxottica Société anonyme from a “hold” rating to a “moderate buy” rating in a report on Wednesday, January 29th. UBS Group downgraded shares of EssilorLuxottica Société anonyme from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 3rd.

About EssilorLuxottica Société anonyme

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and North America. It operates through Professional Solutions and Direct to Consumer segments. The company offers lens under the Essilor, Varilux, Crizal, Eyezen, Stellest, Xperio, Transitions, Ray-Ban, Oakley, Barberini, KODAK Lens, Nikon, Shamir, eyexpert, iWear, Humanware, and Optifog brands.