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

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 307,300 shares, a growth of 35.0% from the March 31st total of 227,700 shares. Based on an average daily trading volume, of 302,200 shares, the days-to-cover ratio is presently 1.0 days.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Performance

LVMUY traded down $2.31 during midday trading on Tuesday, reaching $166.98. The company had a trading volume of 126,752 shares, compared to its average volume of 176,790. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 1 year low of $138.11 and a 1 year high of $200.76. The business has a 50-day moving average of $178.25 and a two-hundred day moving average of $163.37. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.63 and a current ratio of 1.32.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 10th. Shareholders of record on Monday, April 22nd will be issued a dividend of $1.6107 per share. The ex-dividend date of this dividend is Friday, April 19th. This is an increase from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $1.20.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on LVMUY. Barclays upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from an “equal weight” rating to an “overweight” rating in a report on Tuesday, March 26th. HSBC cut LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “buy” rating to a “hold” rating in a research report on Tuesday, February 6th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Company Profile

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.