Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Sees Large Decline in Short Interest

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 1,600 shares, a drop of 30.4% from the August 31st total of 2,300 shares. Based on an average trading volume of 84,700 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 84,700 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

BCUCY has been the topic of several analyst reports. Sanford C. Bernstein upgraded shares of Brunello Cucinelli from a “hold” rating to an “outperform” rating in a research report on Monday, September 29th. Kepler Capital Markets upgraded shares of Brunello Cucinelli to a “hold” rating in a research report on Thursday. Oddo Bhf lowered shares of Brunello Cucinelli to a “neutral” rating in a research report on Friday, September 26th. Finally, Zacks Research downgraded shares of Brunello Cucinelli from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 1st. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Brunello Cucinelli Stock Performance

BCUCY opened at $10.48 on Monday. The company’s 50 day moving average is $11.38 and its 200-day moving average is $11.60. Brunello Cucinelli has a 1-year low of $9.08 and a 1-year high of $14.19.

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.