LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Sees Significant Growth in Short Interest

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY - Get Free Report) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 241,000 shares, a growth of 460.5% from the March 31st total of 43,000 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 1,561,100 shares, the days-to-cover ratio is presently 0.2 days.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Trading Down 1.5 %

LVMUY stock traded down $1.63 on Thursday, reaching $110.37. 306,688 shares of the company's stock were exchanged, compared to its average volume of 442,662. The stock has a fifty day moving average of $125.46 and a 200-day moving average of $131.39. LVMH Moët Hennessy - Louis Vuitton, Société Européenne has a twelve month low of $106.48 and a twelve month high of $183.65.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 13th. Investors of record on Wednesday, April 23rd will be paid a $1.6206 dividend. This is a boost from LVMH Moët Hennessy - Louis Vuitton, Société Européenne's previous dividend of $1.18. The ex-dividend date is Wednesday, April 23rd.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on LVMUY shares. Bank of America raised shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "neutral" rating to a "buy" rating in a report on Thursday, January 16th. BNP Paribas cut LVMH Moët Hennessy - Louis Vuitton, Société Européenne from an "outperform" rating to a "neutral" rating in a research note on Tuesday. Kepler Capital Markets upgraded shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 26th. Finally, Hsbc Global Res cut shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 24th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and four have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy".

About LVMH Moët Hennessy - Louis Vuitton, Société Européenne

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.