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

Lanvin Group Holdings Limited (NYSE:LANV) was the target of a large drop in short interest in October. As of October 31st, there was short interest totalling 47,700 shares, a drop of 20.9% from the October 15th total of 60,300 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 41,700 shares, the short-interest ratio is currently 1.1 days.

Lanvin Group Trading Up 13.9 %

NYSE:LANV traded up $0.22 on Friday, reaching $1.80. 7,478 shares of the company’s stock were exchanged, compared to its average volume of 48,674. The stock has a fifty day simple moving average of $1.69 and a 200-day simple moving average of $1.67. Lanvin Group has a 52 week low of $0.91 and a 52 week high of $4.28. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.53 and a quick ratio of 0.23.

Hedge Funds Weigh In On Lanvin Group

A hedge fund recently bought a new stake in Lanvin Group stock. Townsquare Capital LLC purchased a new position in Lanvin Group Holdings Limited (NYSE:LANV) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 26,388 shares of the company’s stock, valued at approximately $45,000. 86.40% of the stock is owned by institutional investors.

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.