Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Shares Shorted: Short Interest Up 349.4% in October

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 12,340 shares, an increase of 349.4% from the September 30th total of 2,746 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 78,157 shares, the short-interest ratio is presently 0.2 days.

Brunello Cucinelli Trading Down 1.6%

BCUCY opened at $9.36 on Wednesday. Brunello Cucinelli has a 1-year low of $7.87 and a 1-year high of $12.47. The company has a 50 day simple moving average of $9.39 and a two-hundred day simple moving average of $9.55.

Wall Street Analyst Weigh In

BCUCY has been the subject of several research analyst reports. Royal Bank Of Canada raised Brunello Cucinelli from a “hold” rating to a “moderate buy” rating in a report on Monday, October 5th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Brunello Cucinelli in a research report on Monday, August 3rd. The Goldman Sachs Group initiated coverage on Brunello Cucinelli in a report on Sunday, October 4th. They issued a “hold” rating on the stock. Finally, Citigroup reissued a “buy” rating on shares of Brunello Cucinelli in a research report on Tuesday, October 20th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Brunello Cucinelli has a consensus rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on BCUCY

Brunello Cucinelli Company Profile

(Get Free Report)

Brunello Cucinelli S.p.A. is an Italian luxury fashion company specializing in high-end apparel and accessories. The company is particularly known for its cashmere products, as well as collections of clothing, footwear, handbags, leather goods and other lifestyle items for men and women.

Brunello Cucinelli founded the company in 1978, initially focusing on colored cashmere. The business is headquartered in Solomeo, Italy, a village closely associated with the company’s manufacturing, design and corporate activities.

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