Short Interest in Burberry Group plc (OTCMKTS:BURBY) Rises By 12.8%

Burberry Group plc (OTCMKTS:BURBY) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 108,500 shares, an increase of 12.8% from the May 31st total of 96,200 shares. Based on an average trading volume of 357,900 shares, the short-interest ratio is currently 0.3 days.

Burberry Group Stock Down 6.7 %

Burberry Group stock opened at $11.37 on Monday. The company’s fifty day simple moving average is $13.71 and its 200-day simple moving average is $15.57. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.07 and a current ratio of 1.66. Burberry Group has a 12 month low of $11.24 and a 12 month high of $29.30.

Burberry Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, August 7th. Investors of record on Friday, June 28th will be issued a $0.5158 dividend. The ex-dividend date of this dividend is Friday, June 28th. This is a boost from Burberry Group’s previous dividend of $0.22.

Burberry Group Company Profile

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.