Short Interest in EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Decreases By 83.0%

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) saw a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 6,300 shares, a decline of 83.0% from the November 15th total of 37,000 shares. Based on an average daily volume of 116,800 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, UBS Group lowered EssilorLuxottica Société anonyme from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 3rd.

EssilorLuxottica Société anonyme Price Performance

OTCMKTS ESLOY traded up $2.06 during trading hours on Wednesday, reaching $121.29. The stock had a trading volume of 21,720 shares, compared to its average volume of 39,731. The stock has a fifty day moving average of $119.45 and a 200 day moving average of $115.25. EssilorLuxottica Société anonyme has a 52-week low of $94.55 and a 52-week high of $124.17.

EssilorLuxottica Société anonyme Company Profile

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.