Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) Short Interest Down 33.5% in January

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 551,981 shares, a decline of 33.5% from the December 31st total of 830,068 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Salvatore Ferragamo Price Performance

SFRGF stock opened at $10.15 on Friday. Salvatore Ferragamo has a 12 month low of $9.00 and a 12 month high of $10.15. The firm has a 50 day simple moving average of $8.60 and a 200 day simple moving average of $6.68.

Salvatore Ferragamo Company Profile

Salvatore Ferragamo S.p.A. is an Italian luxury fashion house known for its craftsmanship in footwear, leather goods, ready-to-wear, accessories, eyewear, watches and fragrances. Since its founding, the company has built a reputation for combining innovative design with high-quality materials, particularly in its signature shoe collections. In addition to its core footwear business, Ferragamo offers a range of handbags, small leather accessories and silk products that reflect its heritage of artisanal techniques.

The company was established in 1927 in Florence by Salvatore Ferragamo, who gained renown for designing custom shoes for Hollywood stars in the 1930s.