Lanvin Group Holdings Limited (NYSE:LANV) Sees Significant Decrease in Short Interest

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

Lanvin Group Trading Down 5.5%

LANV opened at $2.08 on Friday. Lanvin Group has a 52-week low of $1.32 and a 52-week high of $2.69. The company has a 50 day moving average of $2.26 and a two-hundred day moving average of $2.20.

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.