Lanvin Group Holdings Limited (NYSE:LANV) Short Interest Up 143.9% in March

Lanvin Group Holdings Limited (NYSE:LANV) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 66,100 shares, an increase of 143.9% from the March 15th total of 27,100 shares. Based on an average daily trading volume, of 63,700 shares, the short-interest ratio is currently 1.0 days. Currently, 0.2% of the company’s stock are short sold.

Lanvin Group Stock Performance

NYSE LANV traded up $0.02 during midday trading on Tuesday, hitting $2.22. 26,213 shares of the company traded hands, compared to its average volume of 61,227. The company has a quick ratio of 0.23, a current ratio of 0.53 and a debt-to-equity ratio of 0.30. Lanvin Group has a 52 week low of $0.91 and a 52 week high of $2.66. The company’s 50-day simple moving average is $2.08 and its 200-day simple moving average is $1.91.

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.