Lanvin Group Holdings Limited (NYSE:LANV) Short Interest Update
by Tristan Rich · The Markets DailyLanvin Group Holdings Limited (NYSE:LANV – Get Free Report) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 49,402 shares, a decline of 20.3% from the February 26th total of 61,963 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 257,685 shares, the days-to-cover ratio is currently 0.2 days.
Lanvin Group Trading Down 4.3%
Lanvin Group stock traded down $0.07 during midday trading on Wednesday, reaching $1.45. The company’s stock had a trading volume of 2,459 shares, compared to its average volume of 94,307. The stock’s 50-day simple moving average is $1.61 and its 200-day simple moving average is $1.87. Lanvin Group has a 52-week low of $1.03 and a 52-week high of $2.69.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lanvin Group in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.
View Our Latest Research Report on Lanvin Group
About Lanvin Group
Lanvin Group (NYSE:LANV) is a global luxury fashion company centered on the heritage French brand Lanvin. The group designs, manufactures and distributes a broad range of upscale apparel, leather goods, footwear, accessories and fragrances. Its product portfolio spans womenswear, menswear and unisex items, complemented by seasonal collections and signature handbag lines.
Founded in 1889 by Jeanne Lanvin in Paris, Lanvin holds the distinction of being one of the oldest continually operating French couture houses.