Short Interest in Lanvin Group Holdings Limited (NYSE:LANV) Drops By 48.3%

Lanvin Group Holdings Limited (NYSE:LANV) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 7,668 shares, a decline of 48.3% from the November 30th total of 14,836 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 48,995 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 48,995 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Lanvin Group in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Lanvin Group Trading Up 1.0%

Shares of LANV stock traded up $0.02 during trading hours on Monday, reaching $1.93. The company’s stock had a trading volume of 25,972 shares, compared to its average volume of 58,227. Lanvin Group has a one year low of $1.38 and a one year high of $2.69. The stock has a market capitalization of $269.77 million, a P/E ratio of 24.13 and a beta of -0.23. The firm’s fifty day simple moving average is $2.02 and its 200 day simple moving average is $2.13.

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.