Short Interest in LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Decreases By 45.0%

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 52,072 shares, a decrease of 45.0% from the July 15th total of 94,675 shares. Based on an average daily trading volume, of 695,549 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Wall Street Analyst Weigh In

LVMUY has been the subject of a number of recent analyst reports. Barclays raised shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Zacks Research upgraded LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 10th. Five investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Trading Down 2.9%

OTCMKTS LVMUY traded down $3.03 on Monday, hitting $103.00. 488,089 shares of the stock were exchanged, compared to its average volume of 404,982. LVMH-Moet Hennessy Louis Vuitton has a 52-week low of $102.50 and a 52-week high of $152.95. The company has a current ratio of 1.58, a quick ratio of 0.84 and a debt-to-equity ratio of 0.18. The company’s 50-day moving average price is $111.50 and its two-hundred day moving average price is $113.72.

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.

The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.