Short Interest in LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Rises By 157.3%

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 247,800 shares, an increase of 157.3% from the February 13th total of 96,300 shares. Based on an average trading volume of 662,300 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Trading Up 1.9 %

Shares of OTCMKTS:LVMUY traded up $2.42 during trading on Friday, reaching $132.18. 384,924 shares of the stock were exchanged, compared to its average volume of 368,011. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 12 month low of $119.56 and a 12 month high of $190.20. The stock has a 50-day moving average price of $141.35 and a 200-day moving average price of $136.84.

Analysts Set New Price Targets

A number of equities analysts have recently commented on LVMUY shares. Hsbc Global Res upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 2nd. HSBC upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a research note on Monday, December 2nd. Bank of America upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “neutral” rating to a “buy” rating in a research note on Thursday, January 16th. Finally, Kepler Capital Markets upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 26th. Three equities research analysts have rated the stock with a buy rating and five have issued a strong buy rating to the stock. According to data from MarketBeat, LVMH Moët Hennessy – Louis Vuitton, Société Européenne has an average rating of “Strong Buy”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Company Profile

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.