Lanvin Group Holdings Limited (NYSE:LANV) Short Interest Up 9,309.8% in August

Lanvin Group Holdings Limited (NYSE:LANV) saw a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 2,870,000 shares, anincreaseof9,309.8% from the July 31st total of 30,500 shares. Based on an average daily volume of 80,500 shares, the days-to-cover ratio is currently 35.7 days. Approximately9.3% of the company’s stock are sold short. Approximately9.3% of the company’s stock are sold short. Based on an average daily volume of 80,500 shares, the days-to-cover ratio is currently 35.7 days.

Lanvin Group Trading Up 2.9%

Shares of LANV opened at $2.15 on Wednesday. Lanvin Group has a 1 year low of $1.32 and a 1 year high of $2.69. The stock has a 50-day simple moving average of $2.25 and a 200-day simple moving average of $2.19.

About Lanvin Group

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.