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

Brunello Cucinelli S.p.A. (OTCMKTS:BCUCY – Get Rating) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 600 shares, a drop of 25.0% from the March 31st total of 800 shares. Based on an average trading volume of 1,800 shares, the days-to-cover ratio is presently 0.3 days.

Shares of OTCMKTS:BCUCY opened at $26.14 on Monday. Brunello Cucinelli has a 12 month low of $22.62 and a 12 month high of $37.85. The company’s fifty day moving average price is $28.06 and its 200 day moving average price is $30.87.

About Brunello Cucinelli (Get Rating)

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, China, and internationally. The company offers women's collection, including coats and jackets, dresses, knitwear, t-shirts and tops, shirts, skirts, pants, denim, travel wear, sneakers, high-boots, loafers and flat shoes, sandals, leather goods, jewelry, scarves, other accessories, mini bags and clutches, crossbody bags and backpacks, and handbags and shoppers.

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