Lanvin Group Holdings Limited (NYSE:LANV) Sees Significant Drop in Short Interest

Lanvin Group Holdings Limited (NYSE:LANV) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 11,162 shares, a decrease of 64.5% from the December 31st total of 31,411 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 16,020 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 16,020 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Lanvin Group in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Lanvin Group currently has an average rating of “Sell”.

Lanvin Group Stock Down 3.3%

Shares of LANV opened at $1.45 on Wednesday. Lanvin Group has a 1-year low of $1.42 and a 1-year high of $2.69. The firm’s 50 day simple moving average is $1.90 and its 200 day simple moving average is $2.07.

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.