Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Sees Large Growth in Short Interest

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 1,422 shares, a growth of 249.4% from the December 31st total of 407 shares. Based on an average daily trading volume, of 21,468 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 21,468 shares, the days-to-cover ratio is presently 0.1 days.

Moncler Stock Performance

Shares of MONRY stock opened at $58.22 on Friday. Moncler has a one year low of $53.24 and a one year high of $71.79. The company’s fifty day moving average price is $63.99 and its 200-day moving average price is $60.71.

Analysts Set New Price Targets

Several brokerages have recently weighed in on MONRY. JPMorgan Chase & Co. upgraded shares of Moncler from a “neutral” rating to an “overweight” rating in a research note on Friday, November 28th. Barclays raised Moncler from a “hold” rating to an “overweight” rating in a report on Tuesday, November 4th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

About Moncler

Moncler S.p.A. is an Italian luxury fashion house best known for its high-end down jackets and skiwear. Established in 1952 in Monestier-de-Clermont, near Grenoble, France, the company has built a strong reputation for combining technical performance with refined aesthetics. Its core product lineup includes insulated jackets, vests, coats, knitwear, footwear and accessories, all designed to withstand extreme weather while meeting the standards of high fashion.

Originally founded by René Ramillon and André Vincent as a maker of quilted sleeping bags and tents, Moncler gradually shifted focus to outerwear for mountain sports.