Short Interest in Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Rises By 344.9%

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 23,933 shares, an increase of 344.9% from the December 15th total of 5,380 shares. Based on an average daily volume of 27,952 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 27,952 shares, the short-interest ratio is currently 0.9 days.

Brunello Cucinelli Price Performance

Shares of OTCMKTS BCUCY opened at $11.25 on Wednesday. Brunello Cucinelli has a 52-week low of $9.51 and a 52-week high of $14.19. The business has a fifty day moving average of $10.95 and a two-hundred day moving average of $11.24.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Oddo Bhf cut Brunello Cucinelli to a “neutral” rating in a research report on Friday, September 26th. Sanford C. Bernstein raised shares of Brunello Cucinelli from a “hold” rating to an “outperform” rating in a report on Monday, September 29th. Finally, Kepler Capital Markets upgraded shares of Brunello Cucinelli to a “hold” rating in a research report on Thursday, October 2nd. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold”.

Brunello Cucinelli Company Profile

Brunello Cucinelli S.p.A. is an Italian luxury fashion house founded in 1978 by entrepreneur and designer Brunello Cucinelli. Headquartered in the medieval village of Solomeo, near Perugia, the company has built a reputation for its high-end cashmere knitwear and a refined approach to timeless menswear, womenswear and accessories.

The company’s product portfolio encompasses ready-to-wear collections for men and women, accessories such as scarves, hats and bags, footwear and home goods.