Short Interest in LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Drops By 21.2%

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY - Get Free Report) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 233,300 shares, a decline of 21.2% from the April 30th total of 295,900 shares. Based on an average daily volume of 784,000 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Kepler Capital Markets upgraded LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 26th. BNP Paribas downgraded LVMH Moët Hennessy - Louis Vuitton, Société Européenne from an "outperform" rating to a "neutral" rating in a research note on Tuesday, April 29th. Hsbc Global Res lowered LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 24th. Finally, Barclays lowered LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 2nd. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Buy".

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Stock Performance

OTCMKTS LVMUY traded down $1.72 on Thursday, reaching $107.16. The stock had a trading volume of 1,404,708 shares, compared to its average volume of 449,580. The business has a 50 day moving average price of $113.14 and a 200 day moving average price of $127.88. LVMH Moët Hennessy - Louis Vuitton, Société Européenne has a 1 year low of $106.48 and a 1 year high of $183.65.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 23rd were paid a $1.6206 dividend. The ex-dividend date was Wednesday, April 23rd. This is an increase from LVMH Moët Hennessy - Louis Vuitton, Société Européenne's previous dividend of $1.18.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Company Profile

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.