Burberry Group plc (OTCMKTS:BURBY) Short Interest Update

Burberry Group plc (OTCMKTS:BURBY) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 10,700 shares, a growth of 143.2% from the September 30th total of 4,400 shares. Based on an average daily volume of 191,700 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BURBY. Citigroup raised shares of Burberry Group to a “hold” rating in a research note on Tuesday, October 1st. Jefferies Financial Group downgraded shares of Burberry Group from a “hold” rating to an “underperform” rating in a research note on Friday, September 20th.

Burberry Group Stock Performance

OTCMKTS:BURBY opened at $10.13 on Monday. The firm’s fifty day simple moving average is $8.68 and its 200 day simple moving average is $11.06. Burberry Group has a twelve month low of $7.38 and a twelve month high of $21.67. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.07 and a current ratio of 1.66.

About Burberry Group

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.