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

Lanvin Group Holdings Limited (NYSE:LANV) was the target of a significant drop in short interest during the month of 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. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 41,700 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of 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) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 Trading Up 13.9 %

Shares of NYSE LANV traded up $0.22 during midday trading on Friday, hitting $1.80. The company’s stock had a trading volume of 7,479 shares, compared to its average volume of 18,595. The business’s 50 day moving average is $1.69 and its two-hundred day moving average is $1.67. Lanvin Group has a 12-month low of $0.91 and a 12-month high of $4.28. The company has a current ratio of 0.53, a quick ratio of 0.23 and a debt-to-equity ratio of 0.30.

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.