Lanvin Group Holdings Limited (NYSE:LANV) Short Interest Down 20.9% in October

Lanvin Group Holdings Limited (NYSE:LANV) was the recipient of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 47,700 shares, a decline of 20.9% from the October 15th total of 60,300 shares. Based on an average trading volume of 41,700 shares, the short-interest ratio is presently 1.1 days. Currently, 0.1% of the shares of the company are short sold.

Lanvin Group Trading Up 13.9 %

Shares of LANV traded up $0.22 during mid-day trading on Friday, hitting $1.80. 7,478 shares of the stock were exchanged, compared to its average volume of 48,674. The firm has a 50-day moving average of $1.69 and a two-hundred day moving average of $1.67. Lanvin Group has a 52-week low of $0.91 and a 52-week high of $4.28. The company has a quick ratio of 0.23, a current ratio of 0.53 and a debt-to-equity ratio of 0.30.

Hedge Funds Weigh In On Lanvin Group

An institutional investor recently bought a new position in Lanvin Group stock. Townsquare Capital LLC acquired a new stake in Lanvin Group Holdings Limited (NYSE:LANV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 26,388 shares of the company’s stock, valued at approximately $45,000. 86.40% of the stock is currently owned by institutional investors.

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.