Short Interest in Lanvin Group Holdings Limited (NYSE:LANV) Drops By 20.3%

Lanvin Group Holdings Limited (NYSE:LANV) was the recipient of a large decline in short interest in March. As of March 13th, there was short interest totaling 49,402 shares, a decline of 20.3% from the February 26th total of 61,963 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 257,685 shares, the short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lanvin Group in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Lanvin Group presently has an average rating of “Sell”.

Lanvin Group Price Performance

LANV stock opened at $1.62 on Monday. The stock’s 50 day simple moving average is $1.62 and its 200 day simple moving average is $1.88. Lanvin Group has a 12-month low of $1.03 and a 12-month high of $2.69.

About Lanvin Group

Lanvin Group (NYSE:LANV) is a global luxury fashion company centered on the heritage French brand Lanvin. The group designs, manufactures and distributes a broad range of upscale apparel, leather goods, footwear, accessories and fragrances. Its product portfolio spans womenswear, menswear and unisex items, complemented by seasonal collections and signature handbag lines.

Founded in 1889 by Jeanne Lanvin in Paris, Lanvin holds the distinction of being one of the oldest continually operating French couture houses.