LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Short Interest Up 91.3% in August

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 113,262 shares, an increase of 91.3% from the August 15th total of 59,215 shares. Based on an average trading volume of 563,021 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. HSBC lowered LVMH-Moet Hennessy Louis Vuitton from a “buy” rating to a “hold” rating in a research note on Wednesday, September 9th. Zacks Research upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 10th. Four equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, LVMH-Moet Hennessy Louis Vuitton presently has a consensus rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Trading Down 0.1%

Shares of OTCMKTS:LVMUY traded down $0.06 during trading on Wednesday, reaching $93.79. The stock had a trading volume of 560,782 shares, compared to its average volume of 408,401. LVMH-Moet Hennessy Louis Vuitton has a 52 week low of $93.39 and a 52 week high of $152.95. The company has a current ratio of 1.58, a quick ratio of 0.84 and a debt-to-equity ratio of 0.18. The firm’s fifty day moving average is $106.03 and its 200 day moving average is $109.67.

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE is a France-based luxury-goods group formed in 1987 through the merger of Louis Vuitton and Moët Hennessy. The company develops, produces and sells premium products through a portfolio of maisons, or brands, with heritage spanning fashion, wine and spirits, jewelry, watches, beauty and selective retail.

LVMH’s principal business segments include Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, Selective Retailing and Other Activities.