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 recipient of a large drop in short interest during 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 shares of the company are short sold. Based on an average daily volume of 29,400 shares, the days-to-cover ratio is currently 3.8 days.

Institutional Trading of Lulu’s Fashion Lounge

An institutional investor recently raised its position in Lulu’s Fashion Lounge stock. Geode Capital Management LLC lifted its position in Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) by 6.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 170,064 shares of the company’s stock after purchasing an additional 10,193 shares during the period. Geode Capital Management LLC owned about 0.41% of Lulu’s Fashion Lounge worth $272,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 73.79% of the stock is owned by hedge funds and other institutional investors.

Lulu’s Fashion Lounge Stock Performance

LVLU stock traded down $0.02 during trading on Wednesday, reaching $0.43. The company had a trading volume of 13,857 shares, compared to its average volume of 26,871. Lulu’s Fashion Lounge has a twelve month low of $0.41 and a twelve month high of $1.99. The firm has a 50-day simple moving average of $0.78 and a 200-day simple moving average of $1.16. The company has a market cap of $18.08 million, a price-to-earnings ratio of -0.57 and a beta of 0.22.

Lulu’s Fashion Lounge Company Profile

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.