Burberry Group plc (OTCMKTS:BURBY) Short Interest Update

Burberry Group plc (OTCMKTS:BURBY) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 61,000 shares, an increase of 13.8% from the December 15th total of 53,600 shares. Based on an average daily volume of 143,400 shares, the short-interest ratio is presently 0.4 days.

Burberry Group Stock Down 1.2 %

OTCMKTS BURBY opened at $12.09 on Monday. Burberry Group has a 12 month low of $7.38 and a 12 month high of $17.43. The company’s 50-day moving average price is $11.65 and its 200-day moving average price is $10.11. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.77 and a current ratio of 1.29.

Analyst Ratings Changes

BURBY has been the topic of a number of research analyst reports. Sanford C. Bernstein upgraded Burberry Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 30th. UBS Group raised Burberry Group from a “strong sell” rating to a “hold” rating in a report on Friday, November 15th. Citigroup raised shares of Burberry Group to a “hold” rating in a report on Tuesday, October 1st. Finally, Royal Bank of Canada raised shares of Burberry Group from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold”.

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.