EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Sees Large Decline in Short Interest

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 2,400 shares, a drop of 48.9% from the December 31st total of 4,700 shares. Based on an average daily trading volume, of 50,000 shares, the days-to-cover ratio is currently 0.0 days.

EssilorLuxottica Société anonyme Stock Performance

Shares of ESLOY stock traded up $0.09 during trading hours on Wednesday, hitting $135.40. 28,954 shares of the company’s stock traded hands, compared to its average volume of 34,993. The stock’s fifty day simple moving average is $122.76 and its two-hundred day simple moving average is $118.44. EssilorLuxottica Société anonyme has a 12-month low of $97.00 and a 12-month high of $135.72. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.88 and a quick ratio of 0.62.

Analyst Upgrades and Downgrades

Separately, UBS Group lowered shares of EssilorLuxottica Société anonyme from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 3rd.

About EssilorLuxottica Société anonyme

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and North America. It operates through Professional Solutions and Direct to Consumer segments. The company offers lens under the Essilor, Varilux, Crizal, Eyezen, Stellest, Xperio, Transitions, Ray-Ban, Oakley, Barberini, KODAK Lens, Nikon, Shamir, eyexpert, iWear, Humanware, and Optifog brands.