Fri Sep 20 07:38:59 UTC 2024: ## EssilorLuxottica Short Interest Drops in August
**New York, NY – September 20, 2024** – EssilorLuxottica Société anonyme (OTCMKTS:ESLOF), the global leader in ophthalmic lenses and frames, experienced a decrease in short interest during August. According to data released today, the short interest fell by 5.4% to 149,300 shares as of August 31st, compared to 157,800 shares on August 15th. This translates to a short-interest ratio of 213.3 days, based on an average daily volume of 700 shares.
ESLOF opened at $235.40 on Friday. The stock has traded between a 52-week low of $166.75 and a 52-week high of $246.18. The company’s 50-day simple moving average stands at $227.98, and its 200-day simple moving average is $223.33.
Market analysts and investors will be watching closely to see if this recent trend in short interest continues. The decline could be interpreted as a positive sign for the company’s future performance.
**Disclaimer:** This news article is based on publicly available information and is intended for informational purposes only. It is not intended to be a source of investment advice.
First Piper 