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

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 2,400 shares, a decline of 48.9% from the December 31st total of 4,700 shares. Based on an average trading volume of 50,000 shares, the short-interest ratio is presently 0.0 days.

EssilorLuxottica Société anonyme Stock Performance

Shares of ESLOY stock traded up $0.09 during trading hours on Wednesday, reaching $135.40. 28,954 shares of the company traded hands, compared to its average volume of 34,993. The firm has a 50-day moving average price of $122.76 and a 200 day moving average price of $118.44. EssilorLuxottica Société anonyme has a 12-month low of $97.00 and a 12-month high of $135.72. The company has a quick ratio of 0.62, a current ratio of 0.88 and a debt-to-equity ratio of 0.13.

Analyst Ratings Changes

Separately, UBS Group downgraded EssilorLuxottica Société anonyme from a “buy” rating to a “neutral” rating in a research 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.