Short Interest in Moncler S.p.A. (OTCMKTS:MONRY) Increases By 5,875.0%

Moncler S.p.A. (OTCMKTS:MONRY) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 23,900 shares, an increase of 5,875.0% from the February 28th total of 400 shares. Based on an average trading volume of 18,300 shares, the short-interest ratio is currently 1.3 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup restated a “buy” rating on shares of Moncler in a report on Thursday, March 20th.

Moncler Stock Performance

Shares of MONRY stock opened at $63.57 on Friday. Moncler has a 52 week low of $47.12 and a 52 week high of $76.70. The company’s 50 day moving average price is $66.20 and its two-hundred day moving average price is $58.73.

Moncler Company Profile

Moncler S.p.A., together with its subsidiaries, designs, produces, and distributes clothing and related accessories for men, women, and children under the Moncler and Stone Island brand names in Italy, rest of Europe, Asia, the Middle East, Africa, and the Americas. It also offers footwear products; leather goods; bags, backpacks, and accessories; and sunglasses and eyeglasses under the Moncler Lunettes brand.