Lanvin Group Holdings Limited (NYSE:LANV) Short Interest Up 309.6% in December

Lanvin Group Holdings Limited (NYSE:LANV) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 31,411 shares, an increase of 309.6% from the December 15th total of 7,668 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 32,805 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 32,805 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.0% of the shares of the stock are sold short.

Lanvin Group Trading Down 6.7%

LANV stock traded down $0.13 during trading on Tuesday, hitting $1.77. 302 shares of the company traded hands, compared to its average volume of 15,006. Lanvin Group has a 1 year low of $1.38 and a 1 year high of $2.69. The company has a 50-day moving average of $1.98 and a 200-day moving average of $2.12.

Wall Street Analysts Forecast Growth

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

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.