Burberry Group PLC (OTCMKTS:BURBY) Short Interest Update

by · The Cerbat Gem

Burberry Group PLC (OTCMKTS:BURBY – Get Free Report) was the target of a significant decrease in short interest in August. As of August 15th, there was short interest totaling 35,100 shares, adecreaseof32.2% from the July 31st total of 51,800 shares. Based on an average trading volume of 95,700 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 95,700 shares, the days-to-cover ratio is currently 0.4 days.

Burberry Group Stock Up 3.6%

OTCMKTS:BURBY traded up $0.61 during trading hours on Monday, hitting $17.31. The company had a trading volume of 46,021 shares, compared to its average volume of 79,600. The company has a 50-day moving average of $16.83 and a 200 day moving average of $13.60. Burberry Group has a 1 year low of $7.38 and a 1 year high of $18.55. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.44.

Analyst Ratings Changes

BURBY has been the topic of several research analyst reports. UBS Group upgraded Burberry Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 15th. Barclays raised shares of Burberry Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 27th. Five investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

Read Our Latest Analysis on Burberry Group

Burberry Group Company Profile

(Get Free Report)

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.

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