Lanvin Group Holdings Limited (NYSE:LANV) Short Interest Up 85.3% in July

Lanvin Group Holdings Limited (NYSE:LANV) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 48,059 shares, an increase of 85.3% from the June 30th total of 25,930 shares. Based on an average trading volume of 21,604 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Lanvin Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, May 18th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Lanvin Group Price Performance

LANV traded down $0.07 during midday trading on Friday, reaching $1.19. 5,249 shares of the company were exchanged, compared to its average volume of 48,828. Lanvin Group has a one year low of $1.03 and a one year high of $2.54. The stock’s 50-day simple moving average is $1.44 and its 200 day simple moving average is $1.56.

Lanvin Group (NYSE:LANV) last posted its earnings results on Friday, May 1st. The company reported ($0.83) earnings per share (EPS) for the quarter. The firm had revenue of $62.47 million during the quarter.

About Lanvin Group

Lanvin Group (NYSE:LANV) is a global luxury fashion company centered on the heritage French brand Lanvin. The group designs, manufactures and distributes a broad range of upscale apparel, leather goods, footwear, accessories and fragrances. Its product portfolio spans womenswear, menswear and unisex items, complemented by seasonal collections and signature handbag lines.

Founded in 1889 by Jeanne Lanvin in Paris, Lanvin holds the distinction of being one of the oldest continually operating French couture houses.