Moncler S.P.A. - Unsponsored ADR (OTCMKTS:MONRY) Stock Short Interest Report for October

Key Points

• Short interest fell 86.5% to 2,541 shares as of October 15, down from 18,844 shares at the end of September. Short interest represented 0.0% of shares outstanding, with a days-to-cover ratio of 0.0.
• Analysts maintain a generally positive view of Moncler, with one Strong Buy, five Buy, and two Hold ratings, resulting in a MarketBeat consensus rating of “Moderate Buy.”
• MONRY opened at $47.94, near its 52-week low of $46.77 and below its 50-day and 200-day moving averages of $51.10 and $58.34, respectively.

Moncler S.P.A. - Unsponsored ADR (OTCMKTS:MONRY - Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 2,541 shares, a decrease of 86.5% from the September 30th total of 18,844 shares. Based on an average daily trading volume, of 87,573 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company's shares are short sold.

Wall Street Analyst Weigh In

MONRY has been the subject of a number of research reports. HSBC reissued a "buy" rating on shares of Moncler in a research report on Wednesday, September 9th. Citigroup reissued a "buy" rating on shares of Moncler in a research report on Wednesday, August 19th. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Moncler in a report on Tuesday, September 22nd. Finally, The Goldman Sachs Group assumed coverage on shares of Moncler in a research report on Sunday, October 4th. They set a "buy" rating on the stock. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Moncler has an average rating of "Moderate Buy".

Moncler Trading Down 0.1%

MONRY opened at $47.94 on Tuesday. The company's 50-day moving average price is $51.10 and its 200 day moving average price is $58.34. Moncler has a fifty-two week low of $46.77 and a fifty-two week high of $71.41.

About Moncler

Moncler S.p.A. is an Italian luxury apparel company headquartered in Milan. Founded in 1952 in Monestier-de-Clermont, France, the company initially produced technical equipment and sleeping bags before becoming known for down jackets and other high-performance outerwear.

Moncler designs, manufactures and distributes luxury clothing, footwear and accessories for men, women and children. Its product range includes down jackets, coats, knitwear, sportswear, bags, shoes and other fashion accessories.

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