Lanvin Group Holdings Limited (NYSE:LANV) Short Interest Update

Lanvin Group Holdings Limited (NYSE:LANV) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 28,300 shares, a decrease of 48.2% from the February 13th total of 54,600 shares. Based on an average daily volume of 72,100 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

Lanvin Group Price Performance

NYSE:LANV traded up $0.09 during mid-day trading on Friday, reaching $2.20. The stock had a trading volume of 93,900 shares, compared to its average volume of 65,273. The firm has a 50 day moving average price of $1.94 and a two-hundred day moving average price of $1.83. Lanvin Group has a one year low of $0.91 and a one year high of $2.50. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.23 and a current ratio of 0.53.

Institutional Investors Weigh In On Lanvin Group

A hedge fund recently bought a new stake in Lanvin Group stock. Townsquare Capital LLC bought a new position in Lanvin Group Holdings Limited (NYSE:LANV) during the third quarter, according to the company in its most recent filing with the SEC. The firm bought 26,388 shares of the company’s stock, valued at approximately $45,000. 86.40% of the stock is currently owned by institutional investors and hedge funds.

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.