Short Interest in LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Increases By 35.0%

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 307,300 shares, a growth of 35.0% from the March 31st total of 227,700 shares. Based on an average trading volume of 302,200 shares, the days-to-cover ratio is presently 1.0 days.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Barclays upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from an “equal weight” rating to an “overweight” rating in a report on Tuesday, March 26th. HSBC cut shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “buy” rating to a “hold” rating in a research report on Tuesday, February 6th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a consensus rating of “Hold”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Down 1.4 %

Shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne stock traded down $2.31 on Tuesday, hitting $166.98. 126,752 shares of the company’s stock traded hands, compared to its average volume of 176,790. The company has a fifty day moving average of $178.25 and a two-hundred day moving average of $163.37. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a one year low of $138.11 and a one year high of $200.76. The company has a quick ratio of 0.63, a current ratio of 1.32 and a debt-to-equity ratio of 0.18.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 10th. Shareholders of record on Monday, April 22nd will be paid a $1.6107 dividend. The ex-dividend date of this dividend is Friday, April 19th. This is a positive change from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $1.20.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.