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

Moncler S.p.A. (OTCMKTS:MONRF) was the target of a significant decline in short interest in May. As of May 31st, there was short interest totalling 713,700 shares, a decline of 22.3% from the May 15th total of 918,500 shares. Based on an average daily volume of 600 shares, the short-interest ratio is presently 1,189.5 days.

Moncler Price Performance

OTCMKTS MONRF traded down $1.44 on Friday, reaching $64.35. The stock had a trading volume of 3,123 shares, compared to its average volume of 2,849. Moncler has a 12-month low of $51.82 and a 12-month high of $75.71. The business’s 50-day moving average price is $68.41 and its 200 day moving average price is $65.94.

About Moncler

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.