Short Interest in Burberry Group plc (OTCMKTS:BURBY) Rises By 633.3%

Burberry Group plc (OTCMKTS:BURBY - Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 15,400 shares, an increase of 633.3% from the April 30th total of 2,100 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily volume of 255,900 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

BURBY has been the subject of a number of recent analyst reports. Barclays raised shares of Burberry Group from a "strong sell" rating to a "hold" rating in a research note on Tuesday. BNP Paribas raised shares of Burberry Group to a "strong-buy" rating in a research report on Tuesday, March 11th. Kepler Capital Markets raised shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 26th. Citigroup raised shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 1st. Finally, UBS Group raised shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 15th. One analyst has rated the stock with a sell rating, one has given a hold rating, one has given a buy rating and five have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Buy".

Burberry Group Stock Up 2.1%

Burberry Group stock traded up $0.28 during trading hours on Friday, hitting $13.89. The company had a trading volume of 10,754 shares, compared to its average volume of 91,371. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.29 and a quick ratio of 0.77. Burberry Group has a 1 year low of $7.38 and a 1 year high of $15.49. The company has a 50-day moving average price of $10.41 and a two-hundred day moving average price of $11.85.

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.