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

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) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 206,800 shares, a growth 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 trading volume of 536,600 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 536,600 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company's shares are short sold.

Wall Street Analyst Weigh In

A number of research analysts have commented on LVMUY shares. 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 assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Buy".

LVMH-Moet Hennessy Louis Vuitton Stock Down 1.5%

LVMUY stock traded down $1.86 during midday trading on Friday, hitting $120.24. The company's stock had a trading volume of 152,118 shares, compared to its average volume of 278,727. The firm has a 50-day simple moving average of $113.11 and a 200-day simple moving average of $114.96. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.71 and a current ratio of 1.41. LVMH-Moet Hennessy Louis Vuitton has a 52-week low of $101.80 and a 52-week high of $159.97.

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.