Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) Short Interest Update

Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) was the recipient of a large drop in short interest in 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. Currently, 0.7% of the shares of the stock are sold short. Based on an average trading volume of 29,400 shares, the days-to-cover ratio is presently 3.8 days.

Institutional Investors Weigh In On Lulu’s Fashion Lounge

A hedge fund recently raised its stake in Lulu’s Fashion Lounge stock. Geode Capital Management LLC boosted its stake in Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) by 6.4% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 170,064 shares of the company’s stock after acquiring an additional 10,193 shares during the quarter. Geode Capital Management LLC owned 0.41% of Lulu’s Fashion Lounge worth $272,000 as of its most recent filing with the SEC. 73.79% of the stock is owned by institutional investors.

Lulu’s Fashion Lounge Stock Performance

Lulu’s Fashion Lounge stock traded up $0.01 during trading on Tuesday, reaching $0.45. The company had a trading volume of 13,943 shares, compared to its average volume of 26,865. The firm’s 50-day simple moving average is $0.80 and its 200 day simple moving average is $1.17. Lulu’s Fashion Lounge has a 1-year low of $0.41 and a 1-year high of $1.99. The firm has a market capitalization of $18.91 million, a PE ratio of -0.60 and a beta of 0.22.

About Lulu’s Fashion Lounge

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.