Burberry Group plc (OTCMKTS:BURBY) Short Interest Down 27.8% in December

Burberry Group plc (OTCMKTS:BURBY - Get Free Report) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 53,600 shares, a decrease of 27.8% from the November 30th total of 74,200 shares. Based on an average daily trading volume, of 105,100 shares, the short-interest ratio is presently 0.5 days.

Burberry Group Trading Down 0.4 %

Shares of OTCMKTS BURBY traded down $0.05 during mid-day trading on Friday, hitting $12.16. 35,098 shares of the stock were exchanged, compared to its average volume of 142,064. Burberry Group has a twelve month low of $7.38 and a twelve month high of $18.38. The stock's fifty day simple moving average is $11.10 and its two-hundred day simple moving average is $10.18. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.07 and a current ratio of 1.66.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BURBY. UBS Group raised Burberry Group from a "strong sell" rating to a "hold" rating in a research report on Friday, November 15th. Citigroup raised Burberry Group to a "hold" rating in a report on Tuesday, October 1st. Royal Bank of Canada upgraded Burberry Group from a "sector perform" rating to an "outperform" rating in a report on Wednesday, November 6th. Jefferies Financial Group downgraded shares of Burberry Group from a "hold" rating to an "underperform" rating in a research note on Friday, September 20th. Finally, Sanford C. Bernstein raised shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 30th. One 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 stock. Based on data from MarketBeat.com, Burberry Group currently has an average rating of "Hold".

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.

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