EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Short Interest Up 89.8% in March

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 11,200 shares, a growth of 89.8% from the February 28th total of 5,900 shares. Based on an average trading volume of 61,100 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

EssilorLuxottica Société anonyme Price Performance

Shares of ESLOY traded down $1.51 during trading hours on Friday, hitting $144.06. 18,488 shares of the company were exchanged, compared to its average volume of 35,132. The firm’s fifty day moving average is $144.15 and its 200 day moving average is $127.94. EssilorLuxottica Société anonyme has a fifty-two week low of $103.41 and a fifty-two week high of $155.46. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.62 and a current ratio of 0.88.

Wall Street Analyst Weigh In

ESLOY has been the subject of several analyst reports. Royal Bank of Canada upgraded shares of EssilorLuxottica Société anonyme from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, January 29th. UBS Group cut EssilorLuxottica Société anonyme from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 3rd.

About EssilorLuxottica Société anonyme

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.