Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Short Interest Up 78.5% in December

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 15,728 shares, an increase of 78.5% from the November 30th total of 8,812 shares. Based on an average daily trading volume, of 24,919 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 24,919 shares, the days-to-cover ratio is currently 0.6 days.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on MONRY shares. Barclays raised Moncler from a “hold” rating to an “overweight” rating in a research report on Tuesday, November 4th. JPMorgan Chase & Co. upgraded shares of Moncler from a “neutral” rating to an “overweight” rating in a research note on Friday, November 28th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Moncler Price Performance

OTCMKTS MONRY opened at $65.92 on Friday. The business has a fifty day simple moving average of $65.05 and a 200 day simple moving average of $60.30. Moncler has a 12 month low of $49.37 and a 12 month high of $71.79.

Moncler Company Profile

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.