Moncler S.p.A. (OTCMKTS:MONRF) Sees Large Drop in Short Interest

Moncler S.p.A. (OTCMKTS:MONRF) saw a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 2,464,200 shares, a decline of 21.2% from the January 31st total of 3,128,600 shares. Based on an average daily volume of 500 shares, the short-interest ratio is presently 4,928.4 days.

Moncler Price Performance

Shares of OTCMKTS MONRF remained flat at $67.76 during mid-day trading on Tuesday. The business has a 50 day simple moving average of $61.43 and a 200-day simple moving average of $57.95. Moncler has a 1-year low of $47.75 and a 1-year high of $75.71.

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.