LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Short Interest Update

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 96,300 shares, a drop of 64.4% from the January 31st total of 270,500 shares. Based on an average daily volume of 527,300 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Bank of America upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “neutral” rating to a “buy” rating in a report on Thursday, January 16th. HSBC upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a research note on Monday, December 2nd. Finally, Hsbc Global Res raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. Three equities research analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Strong Buy”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Trading Up 0.4 %

Shares of OTCMKTS LVMUY traded up $0.52 during trading on Friday, reaching $143.68. The company had a trading volume of 759,707 shares, compared to its average volume of 378,132. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 12-month low of $119.56 and a 12-month high of $191.63. The business’s 50-day moving average is $140.00 and its 200 day moving average is $137.60.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.