Today’s Short Interest: SALVATORE FERRAGAMO (OTCMKTS:SFRGF) Reports Decline in Sellers; Strong Momentum for Longs

November 15, 2016 - By Hazel Jackson   ·   0 Comments

Today's Short Interest: SALVATORE FERRAGAMO (OTCMKTS:SFRGF) Reports Decline in Sellers; Strong Momentum for Longs

The stock of SALVATORE FERRAGAMO (OTCMKTS:SFRGF) registered a decrease of 0.94% in short interest. SFRGF’s total short interest was 1.71M shares in November as published by FINRA. Its down 0.94% from 1.73M shares, reported previously. With 600 shares average volume, it will take short sellers 2856 days to cover their SFRGF’s short positions. The stock last traded at $24 per share. It is down 7.14% since April 13, 2016 and is uptrending. It has outperformed by 3.22% the S&P500.

Salvatore Ferragamo S.P.A., Firenze (OTCMKTS:SFRGF) Ratings Coverage

Out of 3 analysts covering Salvatore Ferragamo (OTCMKTS:SFRGF), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Salvatore Ferragamo has been the topic of 3 analyst reports since November 30, 2015 according to StockzIntelligence Inc. On Tuesday, January 12 the stock rating was initiated by Citigroup with “Buy”. The rating was upgraded by Kepler Cheuvreux to “Buy” on Friday, September 23. The stock has “Outperform” rating given by BNP Paribas on Monday, November 30.

More news for Salvatore Ferragamo S.P.A., Firenze (OTCMKTS:SFRGF) were recently published by: Latimes.com, which released: “Hotels are next step for some fashion houses and luxe brands” on September 05, 2014. Forbes.com‘s article titled: “9 Top Independent Hotels That You Should Visit” and published on March 17, 2016 is yet another important article.

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By Hazel Jackson


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