Short Interest in Lanvin Group Holdings Limited (NYSE:LANV) Decreases By 48.2%

Lanvin Group Holdings Limited (NYSE:LANV) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 28,300 shares, a drop of 48.2% from the February 13th total of 54,600 shares. Based on an average trading volume of 72,100 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Lanvin Group

An institutional investor recently bought a new position in Lanvin Group stock. Townsquare Capital LLC purchased a new stake in Lanvin Group Holdings Limited (NYSE:LANV) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 26,388 shares of the company’s stock, valued at approximately $45,000. Institutional investors own 86.40% of the company’s stock.

Lanvin Group Price Performance

NYSE:LANV traded up $0.09 during trading hours on Friday, reaching $2.20. The company had a trading volume of 93,900 shares, compared to its average volume of 65,273. The company has a current ratio of 0.53, a quick ratio of 0.23 and a debt-to-equity ratio of 0.30. Lanvin Group has a 1-year low of $0.91 and a 1-year high of $2.50. The business’s 50 day moving average price is $1.94 and its 200-day moving average price is $1.83.

Lanvin Group Company Profile

Lanvin Group Holdings Limited operates as a couture house in the Europe, the Middle East, Africa, North America, China, and other Asian countries. It operates through five segments: Lanvin, Wolford, St. John, Sergio Rossi, and Caruso. The company offers ready-to-wear, made to measure, footwear, leather goods, costume jewelry, accessories, eyewear, and childrenswear under the Lanvin brand name; ready-to-wear, legwear, lingerie and beachwear, athleisure, and accessories under the Wolford brand; footwear under the Sergio Rossi brand name; luxury womenswear, footwear, handbags, jewelry, and leather goods under the St.