Lanvin Group Holdings Limited (NYSE:LANV) Short Interest Up 30.3% in August

Lanvin Group Holdings Limited (NYSE:LANV) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 108,500 shares, a growth of 30.3% from the August 15th total of 83,300 shares. Based on an average daily trading volume, of 80,200 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.3% of the company’s shares are sold short.

Lanvin Group Stock Performance

Shares of LANV traded down $0.04 during midday trading on Monday, hitting $1.70. The stock had a trading volume of 13,657 shares, compared to its average volume of 56,173. The business has a 50-day simple moving average of $1.59 and a two-hundred day simple moving average of $1.66. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.23 and a current ratio of 0.53. Lanvin Group has a fifty-two week low of $0.91 and a fifty-two week high of $4.70.

Lanvin Group Company Profile

Lanvin Group Holdings Limited operates as a couture house in the Europe, the Middle East, Africa, North America, China, and other Asian countries. It operates through five segments: Lanvin, Wolford, St. John, Sergio Rossi, and Caruso. The company offers ready-to-wear, made to measure, footwear, leather goods, costume jewelry, accessories, eyewear, and childrenswear under the Lanvin brand name; ready-to-wear, legwear, lingerie and beachwear, athleisure, and accessories under the Wolford brand; footwear under the Sergio Rossi brand name; luxury womenswear, footwear, handbags, jewelry, and leather goods under the St.