Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) Short Interest Down 16.8% in February

Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 110,300 shares, a drop of 16.8% from the February 13th total of 132,500 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average trading volume of 29,400 shares, the short-interest ratio is currently 3.8 days.

Lulu’s Fashion Lounge Stock Up 2.8 %

LVLU traded up $0.01 during trading on Thursday, hitting $0.44. The company had a trading volume of 24,097 shares, compared to its average volume of 26,910. The company has a market capitalization of $18.58 million, a PE ratio of -0.58 and a beta of 0.22. Lulu’s Fashion Lounge has a one year low of $0.38 and a one year high of $1.99. The firm’s 50-day moving average price is $0.78 and its 200 day moving average price is $1.16.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Lulu’s Fashion Lounge stock. Geode Capital Management LLC raised its holdings in shares of Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) by 6.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 170,064 shares of the company’s stock after acquiring an additional 10,193 shares during the quarter. Geode Capital Management LLC owned approximately 0.41% of Lulu’s Fashion Lounge worth $272,000 at the end of the most recent reporting period. 73.79% of the stock is currently owned by institutional investors and hedge funds.

About Lulu’s Fashion Lounge

Lulu’s Fashion Lounge Holdings, Inc engages in providing an online website for clothing. It offers retailing of women’s clothing, shoes, and accessories. The company was founded in 1996 and is headquartered in Chico, CA.