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

Lulu’s Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 11,253 shares, a decrease of 39.7% from the April 30th total of 18,647 shares. Based on an average daily volume of 10,092 shares, the short-interest ratio is presently 1.1 days. Currently, 0.4% of the company’s stock are short sold.

Analyst Ratings Changes

Several research analysts have weighed in on LVLU shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lulu’s Fashion Lounge in a research report on Wednesday, April 8th. Wall Street Zen upgraded Lulu’s Fashion Lounge to a “hold” rating in a research note on Saturday, February 28th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Lulu’s Fashion Lounge currently has a consensus rating of “Sell”.

Institutional Trading of Lulu’s Fashion Lounge

Several hedge funds have recently added to or reduced their stakes in LVLU. Chico Wealth RIA boosted its stake in Lulu’s Fashion Lounge by 69.3% during the 4th quarter. Chico Wealth RIA now owns 171,707 shares of the company’s stock valued at $896,000 after purchasing an additional 70,275 shares during the period. Renaissance Technologies LLC bought a new stake in Lulu’s Fashion Lounge during the 4th quarter valued at approximately $56,000. Finally, Birchwood Financial Partners Inc. bought a new stake in Lulu’s Fashion Lounge during the 4th quarter valued at approximately $25,000. Institutional investors own 73.79% of the company’s stock.

Lulu’s Fashion Lounge Stock Performance

LVLU opened at $8.75 on Tuesday. The company has a market cap of $25.03 million, a PE ratio of -2.50 and a beta of 0.37. The stock has a 50-day moving average of $10.49 and a 200-day moving average of $10.86. Lulu’s Fashion Lounge has a 52-week low of $2.98 and a 52-week high of $32.32.

Lulu’s Fashion Lounge (NASDAQ:LVLU) last released its quarterly earnings results on Wednesday, May 13th. The company reported ($1.44) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.80) by $0.36. The company had revenue of $57.53 million during the quarter, compared to the consensus estimate of $64.16 million. Lulu’s Fashion Lounge had a negative return on equity of 423.50% and a negative net margin of 3.56%.

About Lulu’s Fashion Lounge

Lulu’s Fashion Lounge, Inc is a publicly traded e-commerce apparel retailer that specializes in women’s fashion. Headquartered in Chico, California, the company operates under the “Lulus” brand, offering a curated selection of apparel, footwear and accessories designed to meet the trends and needs of a diverse female audience. Since completing its initial public offering and listing on the NASDAQ under the ticker symbol LVLU, Lulu’s has focused on expanding its direct-to-consumer business model and enhancing its online platform to drive global reach.

The company’s core product portfolio includes dresses, tops, denim, swimwear, jumpsuits and outerwear, complemented by a range of shoes, jewelry and handbags.