Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) Sees Large Growth in Short Interest

Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 179,473 shares, a growth of 211.4% from the December 31st total of 57,629 shares. Based on an average trading volume of 2,406,315 shares, the short-interest ratio is currently 0.1 days. Currently, 6.9% of the company’s stock are short sold. Currently, 6.9% of the company’s stock are short sold. Based on an average trading volume of 2,406,315 shares, the short-interest ratio is currently 0.1 days.

Lulu’s Fashion Lounge Stock Up 10.6%

Shares of NASDAQ:LVLU traded up $1.79 during trading on Friday, reaching $18.62. 27,268 shares of the company traded hands, compared to its average volume of 1,271,805. The firm has a market capitalization of $51.58 million, a PE ratio of -1.15 and a beta of 0.37. Lulu’s Fashion Lounge has a 52 week low of $2.98 and a 52 week high of $32.32. The company’s 50 day moving average is $9.16 and its two-hundred day moving average is $6.14.

Lulu’s Fashion Lounge (NASDAQ:LVLU) last posted its quarterly earnings results on Wednesday, November 12th. The company reported ($0.84) EPS for the quarter, beating analysts’ consensus estimates of ($0.90) by $0.06. The business had revenue of $73.59 million during the quarter, compared to the consensus estimate of $75.68 million. Lulu’s Fashion Lounge had a negative return on equity of 251.91% and a negative net margin of 15.83%. As a group, research analysts anticipate that Lulu’s Fashion Lounge will post -0.74 EPS for the current year.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lulu’s Fashion Lounge in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $15.00.

Institutional Trading of Lulu’s Fashion Lounge

An institutional investor recently bought a new position in Lulu’s Fashion Lounge stock. Chico Wealth RIA acquired a new stake in shares of Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 101,432 shares of the company’s stock, valued at approximately $477,000. Lulu’s Fashion Lounge makes up 0.3% of Chico Wealth RIA’s investment portfolio, making the stock its 22nd largest position. Chico Wealth RIA owned approximately 3.69% of Lulu’s Fashion Lounge at the end of the most recent reporting period. Hedge funds and other institutional investors own 73.79% of the company’s stock.

Lulu’s Fashion Lounge Company Profile

Lulu’s Fashion Lounge, Inc is a publicly traded e-commerce apparel retailer that specializes in women’s fashion. Headquartered in Chico, California, the company operates under the “Lulus” brand, offering a curated selection of apparel, footwear and accessories designed to meet the trends and needs of a diverse female audience. Since completing its initial public offering and listing on the NASDAQ under the ticker symbol LVLU, Lulu’s has focused on expanding its direct-to-consumer business model and enhancing its online platform to drive global reach.

The company’s core product portfolio includes dresses, tops, denim, swimwear, jumpsuits and outerwear, complemented by a range of shoes, jewelry and handbags.