Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY) Sees Significant Decrease in Short Interest

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY) saw a large decrease in short interest in February. As of February 15th, there was short interest totalling 4,100 shares, a decrease of 46.8% from the January 31st total of 7,700 shares. Based on an average trading volume of 19,000 shares, the days-to-cover ratio is presently 0.2 days.

Salvatore Ferragamo Price Performance

Salvatore Ferragamo stock opened at $4.24 on Friday. The firm has a 50 day moving average of $3.74 and a 200 day moving average of $3.64. Salvatore Ferragamo has a 12-month low of $2.85 and a 12-month high of $6.79.

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.