Brunello Cucinelli S.p.A. (OTCMKTS:BCUCY) Sees Large Decrease in Short Interest

Brunello Cucinelli S.p.A. (OTCMKTS:BCUCY) was the target of a large decrease in short interest in May. As of May 31st, there was short interest totalling 100 shares, a decrease of 50.0% from the May 15th total of 200 shares. Based on an average daily trading volume, of 2,500 shares, the days-to-cover ratio is presently 0.0 days.

Brunello Cucinelli Stock Up 1.0 %

Brunello Cucinelli stock traded up $0.47 during midday trading on Friday, hitting $49.72. 1,035 shares of the company’s stock were exchanged, compared to its average volume of 3,791. The firm has a 50-day moving average of $51.83 and a two-hundred day moving average of $51.82. Brunello Cucinelli has a 12 month low of $35.95 and a 12 month high of $64.79.

Brunello Cucinelli Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Tuesday, May 28th were paid a dividend of $0.3163 per share. The ex-dividend date of this dividend was Friday, May 24th. This is an increase from Brunello Cucinelli’s previous dividend of $0.23. Brunello Cucinelli’s dividend payout ratio (DPR) is currently 15.46%.

Brunello Cucinelli Company Profile

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.