Lanvin Group Holdings Limited (NYSE:LANV) Short Interest Up 309.6% in December

Lanvin Group Holdings Limited (NYSE:LANV) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 31,411 shares, a growth of 309.6% from the December 15th total of 7,668 shares. Based on an average trading volume of 32,805 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 32,805 shares, the days-to-cover ratio is presently 1.0 days.

Lanvin Group Stock Performance

Shares of LANV stock opened at $1.70 on Thursday. Lanvin Group has a one year low of $1.38 and a one year high of $2.69. The company’s fifty day moving average price is $1.97 and its 200-day moving average price is $2.11.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Lanvin Group in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company 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.