Short Interest in LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Decreases By 45.0%

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 52,072 shares, a decrease of 45.0% from the July 15th total of 94,675 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 695,549 shares, the short-interest ratio is currently 0.1 days.

LVMH-Moet Hennessy Louis Vuitton Stock Up 0.7%

LVMUY traded up $0.69 during trading on Tuesday, hitting $103.69. 179,176 shares of the company traded hands, compared to its average volume of 403,277. LVMH-Moet Hennessy Louis Vuitton has a one year low of $102.50 and a one year high of $152.95. The stock’s fifty day moving average is $111.34 and its 200 day moving average is $113.48. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.58 and a quick ratio of 0.84.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Zacks Research upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 10th. Barclays raised shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Five equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, LVMH-Moet Hennessy Louis Vuitton presently 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.