Lanvin Group Holdings Limited (NYSE:LANV) Short Interest Update

Lanvin Group Holdings Limited (NYSE:LANV) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 35,978 shares, a decline of 27.2% from the March 15th total of 49,402 shares. Based on an average trading volume of 114,961 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Lanvin Group Stock Performance

Shares of LANV traded down $0.05 during trading hours on Wednesday, hitting $1.45. The stock had a trading volume of 62,561 shares, compared to its average volume of 30,976. The firm has a 50-day moving average price of $1.60 and a 200 day moving average price of $1.83. Lanvin Group has a fifty-two week low of $1.03 and a fifty-two week high of $2.69.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Lanvin Group in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Lanvin Group presently has an average rating of “Sell”.

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.