Lanvin Group Holdings Limited (NYSE:LANV) Short Interest Up 30.3% in August

Lanvin Group Holdings Limited (NYSE:LANV) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 108,500 shares, an increase of 30.3% from the August 15th total of 83,300 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 80,200 shares, the days-to-cover ratio is presently 1.4 days.

Lanvin Group Trading Down 2.3 %

Lanvin Group stock traded down $0.04 on Monday, hitting $1.70. 13,657 shares of the stock traded hands, compared to its average volume of 56,173. The business’s fifty day simple moving average is $1.59 and its 200 day simple moving average is $1.66. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.23 and a current ratio of 0.53. Lanvin Group has a 1 year low of $0.91 and a 1 year high of $4.70.

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.