Short Interest in EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) Drops By 52.7%

Key Points

• EssilorLuxottica's short interest decreased by 52.7% in July, dropping from 16,900 shares to 8,000 shares as of July 31st.
• The company's stock price rose 1.9%, reaching $156.68, with a trading volume of 20,638 shares, surpassing its average volume.
• EssilorLuxottica operates globally in the eyewear industry, manufacturing brands like Ray-Ban and Oakley, and maintains a low debt-to-equity ratio of 0.17.

EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY - Get Free Report) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 8,000 shares, adropof52.7% from the July 15th total of 16,900 shares. Based on an average daily trading volume, of 103,000 shares, the days-to-cover ratio is presently 0.1 days. Currently,0.0% of the shares of the stock are short sold. Currently,0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 103,000 shares, the days-to-cover ratio is presently 0.1 days.

EssilorLuxottica Stock Up 1.5%

Shares of EssilorLuxottica stock traded up $2.33 during midday trading on Friday, hitting $159.83. 33,877 shares of the company traded hands, compared to its average volume of 41,580. The firm's fifty day moving average price is $144.90 and its 200-day moving average price is $144.10. The company has a current ratio of 0.95, a quick ratio of 0.65 and a debt-to-equity ratio of 0.17. EssilorLuxottica has a 12 month low of $112.9525 and a 12 month high of $160.70.

About EssilorLuxottica

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.