Lanvin Group Holdings Limited (NYSE:LANV) Sees Large Decline in Short Interest
by Scott Moore · The Cerbat GemLanvin Group Holdings Limited (NYSE:LANV – Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 35,978 shares, a decrease of 27.2% from the March 15th total of 49,402 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 114,961 shares, the days-to-cover ratio is currently 0.3 days.
Lanvin Group Stock Up 4.8%
Shares of Lanvin Group stock opened at $1.54 on Friday. The company has a 50 day moving average price of $1.60 and a 200 day moving average price of $1.83. Lanvin Group has a 52 week low of $1.03 and a 52 week high of $2.69.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued 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 MarketBeat.com, the stock has an average rating of “Sell”.
Check Out Our Latest Research Report on LANV
Lanvin Group Company Profile
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.