Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Short Interest Down 38.3% in July

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 92 shares, a decrease 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 presently 0.0 days.

Moncler Trading Down 0.2%

Shares of Moncler stock traded down $0.13 during trading hours on Friday, hitting $56.29. 3,455 shares of the company’s stock traded hands, compared to its average volume of 43,807. Moncler has a 12-month low of $53.10 and a 12-month high of $71.41. The company has a fifty day simple moving average of $59.56 and a 200-day simple moving average of $60.94.

Analyst Upgrades and Downgrades

MONRY has been the topic of a number of recent analyst reports. Morgan Stanley started coverage on shares of Moncler in a research report on Tuesday, June 23rd. They set an “equal weight” rating on the stock. Citigroup reiterated a “buy” rating on shares of Moncler in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy”.

About Moncler

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.