Lanvin Group Holdings Limited (NYSE:LANV) Short Interest Down 99.4% in August

Lanvin Group Holdings Limited (NYSE:LANV) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 17,600 shares, a drop of 99.4% from the August 15th total of 2,870,000 shares. Based on an average daily trading volume, of 82,500 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 82,500 shares, the short-interest ratio is currently 0.2 days.

Lanvin Group Trading Down 5.5%

Shares of LANV stock opened at $2.08 on Friday. Lanvin Group has a 1-year low of $1.32 and a 1-year high of $2.69. The firm’s 50-day simple moving average is $2.26 and its 200-day simple moving average is $2.20.

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.