LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Short Interest Update

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 113,262 shares, a growth of 91.3% from the August 15th total of 59,215 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 563,021 shares, the days-to-cover ratio is presently 0.2 days.

LVMH-Moet Hennessy Louis Vuitton Price Performance

Shares of LVMH-Moet Hennessy Louis Vuitton stock traded up $0.49 on Thursday, reaching $94.52. The stock had a trading volume of 651,772 shares, compared to its average volume of 410,122. The business’s 50-day moving average price is $105.68 and its two-hundred day moving average price is $109.41. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.58 and a quick ratio of 0.84. LVMH-Moet Hennessy Louis Vuitton has a fifty-two week low of $93.39 and a fifty-two week high of $152.95.

Analysts Set New Price Targets

LVMUY has been the topic of several analyst reports. Zacks Research upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 10th. HSBC lowered shares of LVMH-Moet Hennessy Louis Vuitton from a “buy” rating to a “hold” rating in a research note on Wednesday, September 9th. Four equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy”.

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE is a France-based luxury-goods group formed in 1987 through the merger of Louis Vuitton and Moët Hennessy. The company develops, produces and sells premium products through a portfolio of maisons, or brands, with heritage spanning fashion, wine and spirits, jewelry, watches, beauty and selective retail.

LVMH’s principal business segments include Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, Selective Retailing and Other Activities.