EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Sees Significant Growth in Short Interest

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 14,800 shares, a growth of 80.5% from the January 31st total of 8,200 shares. Based on an average daily trading volume, of 67,700 shares, the short-interest ratio is presently 0.2 days.

EssilorLuxottica Société anonyme Stock Performance

OTCMKTS ESLOY opened at $149.44 on Tuesday. EssilorLuxottica Société anonyme has a 52-week low of $103.41 and a 52-week high of $155.46. The company has a 50-day simple moving average of $134.62 and a 200 day simple moving average of $124.32. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.62 and a current ratio of 0.88.

Analysts Set New Price Targets

A number of research firms recently issued reports on ESLOY. Royal Bank of Canada upgraded shares of EssilorLuxottica Société anonyme from a “hold” rating to a “moderate buy” rating in a report on Wednesday, January 29th. UBS Group downgraded shares of EssilorLuxottica Société anonyme from a “buy” rating to a “neutral” rating in a report on Tuesday, December 3rd.

About EssilorLuxottica Société anonyme

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and North America. It operates through Professional Solutions and Direct to Consumer segments. The company offers lens under the Essilor, Varilux, Crizal, Eyezen, Stellest, Xperio, Transitions, Ray-Ban, Oakley, Barberini, KODAK Lens, Nikon, Shamir, eyexpert, iWear, Humanware, and Optifog brands.