Brunello Cucinelli S.p.A. (OTCMKTS:BCUCY) Short Interest Up 175.0% in August

Brunello Cucinelli S.p.A. (OTCMKTS:BCUCYGet Rating) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,100 shares, a growth of 175.0% from the August 15th total of 400 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is presently 0.6 days.

Brunello Cucinelli Trading Down 1.2 %

OTCMKTS:BCUCY opened at $26.25 on Friday. The company has a fifty day moving average of $27.43 and a 200 day moving average of $26.33. Brunello Cucinelli has a 52 week low of $20.49 and a 52 week high of $37.85.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft upped their price target on shares of Brunello Cucinelli from €34.00 ($34.69) to €46.00 ($46.94) in a report on Thursday, August 4th.

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, Japan, and China. 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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