Brunello Cucinelli S.p.A. (OTCMKTS:BCUCY) Short Interest Up 700.0% in June

Brunello Cucinelli S.p.A. (OTCMKTS:BCUCY) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 800 shares, a growth of 700.0% from the May 31st total of 100 shares. Based on an average daily trading volume, of 1,700 shares, the days-to-cover ratio is presently 0.5 days.

Brunello Cucinelli Price Performance

Shares of OTCMKTS:BCUCY opened at $52.84 on Friday. Brunello Cucinelli has a 1-year low of $35.95 and a 1-year high of $64.79. The business has a 50-day moving average price of $51.32 and a two-hundred day moving average price of $52.37.

Brunello Cucinelli Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 5th. Investors of record on Tuesday, May 28th were given a dividend of $0.3163 per share. This is a boost from Brunello Cucinelli’s previous dividend of $0.23. The ex-dividend date was Friday, May 24th. Brunello Cucinelli’s payout ratio is presently 15.46%.

About Brunello Cucinelli

Brunello Cucinelli S.p.A., together with its subsidiaries, engages in the production and sale of clothing, accessories, and lifestyle products in Italy, Europe, North America, Japan, and China. The company offers women's collection, including coats and jackets, blazers, knitwear, suits, dresses, t-shirts and tops, shirts, skirts, pants, denim, travel wear; sneakers, heels, boots, loafers, sandals, flat shoes; jewelry, scarves, other accessories; mini bags and clutches; crossbody bags and backpacks; and handbags and shoppers.