Short Interest in LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Increases By 72.2%

Key Points

• Short interest in LVMH-Moet Hennessy Louis Vuitton increased by 72.2%, reaching a total of 206,800 shares as of August 31st.
• The company's shares saw a trading increase of 3.0%, closing at $118.67 amid varied analyst ratings.
• Zacks Research downgraded LVMH from a "hold" to a "strong sell", while HSBC Global Research upgraded it to a "strong buy," reflecting mixed sentiment among analysts.

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY - Get Free Report) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 206,800 shares, an increase of 72.2% from the August 15th total of 120,100 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 536,600 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 536,600 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company's shares are short sold.

LVMH-Moet Hennessy Louis Vuitton Trading Up 3.0%

Shares of LVMUY stock traded up $3.46 during trading hours on Monday, hitting $118.67. The stock had a trading volume of 192,234 shares, compared to its average volume of 440,138. LVMH-Moet Hennessy Louis Vuitton has a twelve month low of $101.80 and a twelve month high of $159.97. The stock's 50 day moving average is $112.63 and its 200 day moving average is $115.21. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.41 and a quick ratio of 0.71.

Wall Street Analyst Weigh In

LVMUY has been the topic of several research reports. Zacks Research cut shares of LVMH-Moet Hennessy Louis Vuitton from a "hold" rating to a "strong sell" rating in a research report on Monday, September 8th. Hsbc Global Res raised shares of LVMH-Moet Hennessy Louis Vuitton from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, September 2nd. Five investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy".

LVMH-Moet Hennessy Louis Vuitton 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.

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.