Short Interest in Lanvin Group Holdings Limited (NYSE:LANV) Increases By 66.6%

Lanvin Group Holdings Limited (NYSE:LANV) was the recipient of a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 83,300 shares, an increase of 66.6% from the July 31st total of 50,000 shares. Based on an average trading volume of 69,500 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.2% of the shares of the company are sold short.

Lanvin Group Price Performance

Shares of NYSE:LANV opened at $1.81 on Friday. The company has a 50 day moving average of $1.62 and a 200-day moving average of $1.69. The company has a quick ratio of 0.34, a current ratio of 0.72 and a debt-to-equity ratio of 0.20. Lanvin Group has a twelve month low of $0.91 and a twelve month high of $4.70.

About Lanvin Group

Lanvin Group Holdings Limited operates as a couture house in the Europe, the Middle East, Africa, North America, China, and other Asian countries. It operates through five segments: Lanvin, Wolford, St. John, Sergio Rossi, and Caruso. The company offers ready-to-wear, made to measure, footwear, leather goods, costume jewelry, accessories, eyewear, and childrenswear under the Lanvin brand name; ready-to-wear, legwear, lingerie and beachwear, athleisure, and accessories under the Wolford brand; footwear under the Sergio Rossi brand name; luxury womenswear, footwear, handbags, jewelry, and leather goods under the St.