Lanvin Group Holdings Limited (NYSE:LANV) Short Interest Update

Key Points

• Lanvin Group Holdings Limited experienced a dramatic reduction in short interest, dropping from 2,870,000 shares to 17,600 shares as of August 31st, marking a 99.4% decrease.
• The company's stock, trading at $2.19, remains below its fifty-two week high of $2.69 and above its low of $1.32.
• Lanvin operates as a luxury fashion house with several brands, including Lanvin, Wolford, and Sergio Rossi, providing a range of apparel and accessories across multiple regions.

Lanvin Group Holdings Limited (NYSE:LANV - ) saw a significant drop in short interest in 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. Approximately 0.1% of the company's shares are sold short. Based on an average daily volume of 82,500 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 82,500 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company's shares are sold short.

Lanvin Group Stock Performance

NYSE:LANV traded down $0.07 on Thursday, hitting $2.19. 51,889 shares of the stock were exchanged, compared to its average volume of 64,997. The stock has a fifty day moving average of $2.27 and a 200-day moving average of $2.20. Lanvin Group has a fifty-two week low of $1.32 and a fifty-two week high of $2.69.

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.

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