LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Sees Significant Decrease in Short Interest

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 52,072 shares, a drop of 45.0% from the July 15th total of 94,675 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 695,549 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

A number of equities analysts recently commented on LVMUY shares. Zacks Research raised LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 10th. Barclays upgraded LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Five analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

LVMUY stock opened at $103.50 on Wednesday. The company has a quick ratio of 0.84, a current ratio of 1.58 and a debt-to-equity ratio of 0.18. LVMH-Moet Hennessy Louis Vuitton has a 12 month low of $102.50 and a 12 month high of $152.95. The firm’s 50-day moving average is $111.13 and its 200 day moving average is $113.29.

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.

The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.