Moncler S.p.A. (OTCMKTS:MONRY) Short Interest Up 5,875.0% in March

Moncler S.p.A. (OTCMKTS:MONRY) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 23,900 shares, a growth of 5,875.0% from the February 28th total of 400 shares. Based on an average daily volume of 18,300 shares, the short-interest ratio is presently 1.3 days.

Moncler Trading Down 1.8 %

MONRY traded down $1.18 on Thursday, hitting $63.06. 107,759 shares of the stock traded hands, compared to its average volume of 10,785. The business has a fifty day moving average price of $66.12 and a two-hundred day moving average price of $58.69. Moncler has a 52 week low of $47.12 and a 52 week high of $76.70.

Analyst Upgrades and Downgrades

Separately, Citigroup reaffirmed a “buy” rating on shares of Moncler in a research report on Thursday, March 20th.

Moncler Company Profile

Moncler S.p.A., together with its subsidiaries, designs, produces, and distributes clothing and related accessories for men, women, and children under the Moncler and Stone Island brand names in Italy, rest of Europe, Asia, the Middle East, Africa, and the Americas. It also offers footwear products; leather goods; bags, backpacks, and accessories; and sunglasses and eyeglasses under the Moncler Lunettes brand.