LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Short Interest Update

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) was the recipient of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 71,269 shares, a decrease of 14.1% from the February 26th total of 82,965 shares. Based on an average trading volume of 752,639 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

LVMH-Moet Hennessy Louis Vuitton Trading Up 3.6%

OTCMKTS:LVMUY opened at $109.24 on Wednesday. The business’s 50 day moving average is $121.39 and its two-hundred day moving average is $133.74. The company has a quick ratio of 0.84, a current ratio of 1.58 and a debt-to-equity ratio of 0.18. LVMH-Moet Hennessy Louis Vuitton has a 52 week low of $101.80 and a 52 week high of $152.95.

Wall Street Analyst Weigh In

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

LVMH-Moet Hennessy Louis Vuitton Company Profile

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.