Burberry Group PLC (OTCMKTS:BURBY) Short Interest Update

Key Points

• Burberry Group PLC experienced a significant increase in short interest, rising 78.3% to a total of 62,600 shares by August 31st.
• The stock has received a consensus rating of "Buy" from analysts, with various ratings ranging from "Strong Buy" to "Sell".
• As of the latest trading session, Burberry's stock price was $15.05, showing a notable fluctuation with a 52-week range between $7.72 and $18.55.

Burberry Group PLC (OTCMKTS:BURBY - Get Free Report) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 62,600 shares, a growth of 78.3% from the August 15th total of 35,100 shares. Based on an average daily trading volume, of 232,900 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 232,900 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, Barclays raised Burberry Group from a "strong sell" rating to a "hold" rating in a report on Tuesday, May 27th. Five research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Burberry Group has a consensus rating of "Buy".

Burberry Group Stock Performance

BURBY traded down $0.54 on Friday, reaching $15.05. The stock had a trading volume of 31,574 shares, compared to its average volume of 77,225. Burberry Group has a fifty-two week low of $7.72 and a fifty-two week high of $18.55. The firm has a 50-day moving average of $16.74 and a 200-day moving average of $13.69. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.18 and a quick ratio of 0.88.

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.

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