Moncler S.p.A. (OTCMKTS:MONRF) Sees Significant Growth in Short Interest

Moncler S.p.A. (OTCMKTS:MONRF) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,724,800 shares, an increase of 22.0% from the October 31st total of 1,413,200 shares. Based on an average daily trading volume, of 20,900 shares, the days-to-cover ratio is presently 82.5 days.

Moncler Stock Down 2.9 %

Shares of MONRF stock traded down $1.45 during trading hours on Monday, reaching $47.75. 400 shares of the company traded hands, compared to its average volume of 3,522. The firm has a 50-day moving average price of $56.09 and a 200 day moving average price of $59.68. Moncler has a 12-month low of $47.75 and a 12-month 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.