Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY) Sees Large Increase in Short Interest

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 10,300 shares, a growth of 543.8% from the March 15th total of 1,600 shares. Based on an average trading volume of 15,900 shares, the short-interest ratio is currently 0.6 days.

Salvatore Ferragamo Stock Performance

Shares of OTCMKTS SFRGY traded down $0.25 during trading hours on Wednesday, hitting $5.50. 5,456 shares of the stock were exchanged, compared to its average volume of 11,555. The company’s fifty day simple moving average is $6.40 and its two-hundred day simple moving average is $6.43. Salvatore Ferragamo has a 1-year low of $5.50 and a 1-year high of $9.71.

About Salvatore Ferragamo

Salvatore Ferragamo S.p.A., through its subsidiaries, creates, produces, and sells luxury goods for men and women in Italy, rest of Europe, North America, Japan, the Asia Pacific, and Central and South America. It offers men's and women's footwear; leather goods, such as handbags, suitcases, belts, wallets, and other men's and women's leather accessories; and knitwear, clothes for formal occasions, sportswear, and leisure wear, as well as outerwear, such as husky jackets, ponchos, and leather garments.