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

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 300 shares, a decrease of 92.7% from the February 13th total of 4,100 shares. Based on an average daily trading volume, of 20,200 shares, the short-interest ratio is currently 0.0 days.

Salvatore Ferragamo Trading Down 3.1 %

Shares of SFRGY traded down $0.12 during trading hours on Wednesday, hitting $3.58. The stock had a trading volume of 7,142 shares, compared to its average volume of 12,585. The company’s fifty day simple moving average is $3.80 and its 200 day simple moving average is $3.63. Salvatore Ferragamo has a 12-month low of $2.85 and a 12-month high of $6.53.

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.