Short Interest in Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Increases By 77.6%

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 21,683 shares, a growth of 77.6% from the June 15th total of 12,211 shares. Based on an average daily trading volume, of 358,371 shares, the short-interest ratio is presently 0.1 days.

Brunello Cucinelli Price Performance

Shares of OTCMKTS:BCUCY opened at $9.13 on Friday. Brunello Cucinelli has a 52 week low of $7.87 and a 52 week high of $12.55. The company’s 50 day moving average is $9.60 and its two-hundred day moving average is $9.65.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Morgan Stanley reiterated an “overweight” rating on shares of Brunello Cucinelli in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft assumed coverage on Brunello Cucinelli in a research note on Friday, June 26th. They set a “buy” rating for the company. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

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.