LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Short Interest Update

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 113,262 shares, an increase of 91.3% from the August 15th total of 59,215 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 563,021 shares, the short-interest ratio is presently 0.2 days.

LVMH-Moet Hennessy Louis Vuitton Price Performance

Shares of OTCMKTS:LVMUY traded down $2.57 during trading on Tuesday, reaching $93.89. 1,319,903 shares of the stock were exchanged, compared to its average volume of 400,815. The stock has a fifty day moving average of $106.41 and a two-hundred day moving average of $109.92. LVMH-Moet Hennessy Louis Vuitton has a 1-year low of $93.39 and a 1-year high of $152.95. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.58 and a quick ratio of 0.84.

Analysts Set New Price Targets

LVMUY has been the subject of several analyst reports. Zacks Research raised LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 10th. HSBC downgraded LVMH-Moet Hennessy Louis Vuitton from a “buy” rating to a “hold” rating in a research report on Wednesday, September 9th. Four investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE is a France-based luxury-goods group formed in 1987 through the merger of Louis Vuitton and Moët Hennessy. The company develops, produces and sells premium products through a portfolio of maisons, or brands, with heritage spanning fashion, wine and spirits, jewelry, watches, beauty and selective retail.

LVMH’s principal business segments include Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, Selective Retailing and Other Activities.