Lanvin Group Holdings Limited (NYSE:LANV) Short Interest Update

Lanvin Group Holdings Limited (NYSE:LANV) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 95,073 shares, a growth of 69.0% from the August 15th total of 56,259 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 43,494 shares, the days-to-cover ratio is presently 2.2 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Lanvin Group from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, September 3rd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Lanvin Group Price Performance

Shares of NYSE LANV opened at $1.04 on Friday. The business’s 50-day simple moving average is $1.14 and its 200-day simple moving average is $1.43. Lanvin Group has a 52 week low of $0.95 and a 52 week high of $2.31.

Lanvin Group (NYSE:LANV) last posted its earnings results on Wednesday, August 26th. The company reported ($0.29) earnings per share for the quarter. The company had revenue of $57.52 million during the quarter.

Lanvin Group Company Profile

Lanvin Group is a global luxury fashion group that develops, manages and operates a portfolio of heritage and contemporary brands. Its portfolio includes Lanvin, Wolford, Sergio Rossi, St. John Knits and Caruso, spanning fashion, accessories, footwear and related luxury products.

The group’s brands serve customers through retail stores, wholesale partners and digital channels across key luxury markets, including Europe, North America and Greater China, as well as other international regions.