Brunello Cucinelli S.p.A. (OTCMKTS:BCUCY) Sees Significant Decline in Short Interest

Brunello Cucinelli S.p.A. (OTCMKTS:BCUCY) saw a large decrease in short interest in June. As of June 30th, there was short interest totalling 300 shares, a decrease of 62.5% from the June 15th total of 800 shares. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is presently 0.1 days.

Brunello Cucinelli Trading Up 3.6 %

Brunello Cucinelli stock traded up $1.80 during midday trading on Friday, reaching $51.37. The company’s stock had a trading volume of 619 shares, compared to its average volume of 3,468. Brunello Cucinelli has a 52-week low of $35.95 and a 52-week high of $64.79. The stock’s 50-day simple moving average is $50.96 and its 200-day simple moving average is $52.61.

Brunello Cucinelli Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 5th. Investors of record on Tuesday, May 28th were paid a $0.3163 dividend. This is a positive change from Brunello Cucinelli’s previous dividend of $0.23. The ex-dividend date was Friday, May 24th. Brunello Cucinelli’s dividend payout ratio (DPR) is 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.