LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Short Interest Update

Key Points

• LVMH's short interest dropped by 25.3% in September, bringing total short interest to 154,500 shares as of September 15th, suggesting a decreased bearish sentiment on the stock.
• Multiple analyst ratings vary, with Zacks downgrading LVMH to "strong sell" while CLSA and Morgan Stanley upgraded the stock to "strong buy" and "overweight," respectively.
• LVMH's stock price opened at $129.86 and the company has a strong financial position with a current ratio of 1.48 and a debt-to-equity ratio of 0.19.

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY - Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 154,500 shares, a drop of 25.3% from the August 31st total of 206,800 shares. Based on an average trading volume of 602,800 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 602,800 shares, the short-interest ratio is presently 0.3 days.

LVMH-Moet Hennessy Louis Vuitton Stock Up 0.1%

OTCMKTS LVMUY opened at $129.86 on Tuesday. The company has a current ratio of 1.48, a quick ratio of 0.72 and a debt-to-equity ratio of 0.19. LVMH-Moet Hennessy Louis Vuitton has a 1-year low of $101.80 and a 1-year high of $159.97. The company has a 50 day moving average of $115.84 and a 200-day moving average of $113.75.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Zacks Research downgraded shares of LVMH-Moet Hennessy Louis Vuitton from a "hold" rating to a "strong sell" rating in a research report on Monday, September 8th. CLSA upgraded shares of LVMH-Moet Hennessy Louis Vuitton to a "strong-buy" rating in a research report on Monday, September 22nd. Morgan Stanley upgraded shares of LVMH-Moet Hennessy Louis Vuitton from an "equal weight" rating to an "overweight" rating in a research report on Monday. Finally, Hsbc Global Res upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, September 2nd. Six research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, LVMH-Moet Hennessy Louis Vuitton currently has an average rating of "Buy".

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy - Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.