Short Interest in Lanvin Group Holdings Limited (NYSE:LANV) Grows By 85.3%

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

Analyst Ratings Changes

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

Lanvin Group Trading Down 5.6%

Shares of LANV opened at $1.19 on Friday. Lanvin Group has a 1-year low of $1.03 and a 1-year high of $2.54. The company has a 50-day moving average of $1.43 and a 200 day moving average of $1.55.

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

Lanvin Group Company Profile

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.