LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Short Interest Up 80.5% in March

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) saw a large increase in short interest in March. As of March 31st, there was short interest totaling 128,623 shares, an increase of 80.5% from the March 15th total of 71,269 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 752,937 shares, the short-interest ratio is presently 0.2 days.

LVMH-Moet Hennessy Louis Vuitton Price Performance

LVMUY opened at $113.06 on Monday. The stock’s 50 day simple moving average is $117.53 and its 200 day simple moving average is $133.21. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.84 and a current ratio of 1.58. LVMH-Moet Hennessy Louis Vuitton has a 1 year low of $101.80 and a 1 year high of $152.95.

Wall Street Analyst Weigh In

Separately, DZ Bank raised LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 29th. Four research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, LVMH-Moet Hennessy Louis Vuitton currently has a consensus rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Company Profile

LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.

The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.