Lanvin Group Holdings Limited (NYSE:LANV) Short Interest Up 85.3% in July

Lanvin Group Holdings Limited (NYSE:LANV) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 48,059 shares, an increase of 85.3% from the June 30th total of 25,930 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 21,604 shares, the short-interest ratio is currently 2.2 days.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Lanvin Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, May 18th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Lanvin Group Trading Down 3.2%

Shares of NYSE LANV traded down $0.04 during trading hours on Thursday, hitting $1.22. The company had a trading volume of 818 shares, compared to its average volume of 49,120. The firm’s 50 day moving average is $1.45 and its 200-day moving average is $1.56. Lanvin Group has a 1-year low of $1.03 and a 1-year high of $2.54.

Lanvin Group (NYSE:LANV) last issued its earnings results on Friday, May 1st. The company reported ($0.83) earnings per share (EPS) for the quarter. The firm had revenue of $62.47 million for the quarter.

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.