Short Interest in Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY) Declines By 30.4%

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY) was the target of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 1,600 shares, a drop of 30.4% from the February 29th total of 2,300 shares. Based on an average daily volume of 17,500 shares, the short-interest ratio is currently 0.1 days.

Salvatore Ferragamo Stock Down 0.4 %

Shares of OTCMKTS:SFRGY traded down $0.02 during midday trading on Friday, hitting $6.10. The company had a trading volume of 8,233 shares, compared to its average volume of 12,294. Salvatore Ferragamo has a 12 month low of $5.61 and a 12 month high of $9.71. The firm has a fifty day simple moving average of $6.45 and a 200 day simple moving average of $6.53.

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.