Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Short Interest Up 543.5% in July

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 592 shares, an increase of 543.5% from the July 15th total of 92 shares. Based on an average trading volume of 176,184 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

Several analysts have recently commented on MONRY shares. Citigroup reaffirmed a “buy” rating on shares of Moncler in a research report on Friday, April 24th. Morgan Stanley initiated coverage on shares of Moncler in a report on Tuesday, June 23rd. They issued an “equal weight” rating for the company. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy”.

Moncler Stock Down 0.2%

MONRY stock opened at $58.58 on Wednesday. The stock’s 50 day simple moving average is $58.81 and its 200 day simple moving average is $60.84. Moncler has a fifty-two week low of $53.10 and a fifty-two week high of $71.41.

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.