What Next for SALVATORE FERRAGAMO S.P.A. FIRENZE ORDIN (OTCMKTS:SFRGF) Stock After Decrease in Shorted Shares?

Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) Logo

The stock of SALVATORE FERRAGAMO S.P.A. FIRENZE ORDIN (OTCMKTS:SFRGF) registered a decrease of 16.72% in short interest. SFRGF’s total short interest was 492,700 shares in December as published by FINRA. Its down 16.72% from 591,600 shares, reported previously.

It closed at $24.344 lastly. It is down 0.00% since December 1, 2017 and is . It has underperformed by 15.62% the S&P500.

Salvatore Ferragamo S.p.A., through its subsidiaries, creates, produces, and sells luxury goods for men and women worldwide. The company has market cap of $3.93 billion. The firm offers footwear, leather goods, apparel, silk goods, jewels, other accessories, and fragrances, as well as eyewear and watches. It has a 35.18 P/E ratio. It provides handbags, suitcases, belts, wallets, and other leather accessories; and knitwear, leather, and fabric garments.

More notable recent Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) news were published by: Seekingalpha.com which released: “Hugo Boss And Burberry Have Just Given A Bullish Signal For The Fashion Industry – Seeking Alpha” on January 19, 2017, also Seekingalpha.com with their article: “Salvatore Ferragamo – Low Beta Contrarian Play With Roughly 30% Upside – Seeking Alpha” published on March 22, 2018, Seekingalpha.com published: “Michael Kors throws a spotlight on high-end M&A – Seeking Alpha” on September 25, 2018. More interesting news about Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGF) were released by: Seekingalpha.com and their article: “Ferragamo: Products And Profitability Can Lead Again To Growth In The Long Term – Seeking Alpha” published on September 16, 2016 as well as Seekingalpha.com‘s news article titled: “Upslope Capital Q1 2018 Investor Letter – Seeking Alpha” with publication date: April 12, 2018.

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