Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Short Interest Update

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 20,486 shares, an increase of 1,686.1% from the August 31st total of 1,147 shares. Based on an average daily volume of 98,862 shares, the days-to-cover ratio is presently 0.2 days.

Moncler Stock Performance

OTCMKTS MONRY traded up $0.01 during trading hours on Thursday, reaching $50.04. 77,814 shares of the company were exchanged, compared to its average volume of 45,637. Moncler has a 1 year low of $48.90 and a 1 year high of $71.41. The business’s 50 day simple moving average is $54.67 and its 200-day simple moving average is $59.01.

Analysts Set New Price Targets

Several research firms have commented on MONRY. HSBC reiterated a “buy” rating on shares of Moncler in a research note on Wednesday, September 9th. Morgan Stanley started coverage on Moncler in a report on Tuesday, June 23rd. They issued an “equal weight” rating for the company. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Moncler in a research report on Tuesday. Finally, Citigroup reiterated a “buy” rating on shares of Moncler in a report on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

About Moncler

Moncler S.p.A. is an Italian luxury apparel company best known for its premium outerwear, including down jackets, parkas and other cold-weather garments. Its product range also includes clothing, footwear, bags, accessories and related lifestyle products for men, women and children.

The company was founded in 1952 in Monestier-de-Clermont, France, and later developed its corporate and creative base in Italy. Moncler has expanded from its original focus on technical mountain clothing into a global luxury brand, combining performance-oriented materials and designs with fashion-led collections and collaborations.

Moncler sells its products through directly operated stores, e-commerce platforms and selected wholesale partners across Europe, Asia and the Americas.