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

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,644,800 shares, an increase of 29.0% from the January 31st total of 1,274,800 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Salvatore Ferragamo Stock Performance

Shares of OTCMKTS SFRGF remained flat at $8.08 during trading on Tuesday. The firm has a 50-day moving average price of $7.14 and a 200-day moving average price of $7.46. Salvatore Ferragamo has a fifty-two week low of $6.40 and a fifty-two week high of $8.08.

Salvatore Ferragamo Company Profile

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.