LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Sees Large Decrease in Short Interest

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 91,548 shares, a drop of 40.0% from the January 29th total of 152,464 shares. Based on an average daily volume of 671,934 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 671,934 shares, the short-interest ratio is presently 0.1 days.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

Shares of LVMH-Moet Hennessy Louis Vuitton stock opened at $127.70 on Friday. LVMH-Moet Hennessy Louis Vuitton has a one year low of $101.80 and a one year 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 business’s 50 day moving average price is $137.58 and its 200 day moving average price is $134.04.

Analyst Ratings Changes

Separately, DZ Bank upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy”.

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.

The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.