Short Interest in Burberry Group plc (OTCMKTS:BURBY) Declines By 52.2%

Burberry Group plc (OTCMKTS:BURBY - Get Free Report) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 25,300 shares, a drop of 52.2% from the February 13th total of 52,900 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 131,200 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

BURBY has been the subject of several analyst reports. Kepler Capital Markets raised shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 26th. BNP Paribas raised shares of Burberry Group to a "strong-buy" rating in a report on Tuesday, March 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, one has issued a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy".

Burberry Group Trading Down 0.2 %

Shares of OTCMKTS BURBY traded down $0.02 during trading on Tuesday, reaching $11.91. The company had a trading volume of 32,945 shares, compared to its average volume of 70,679. Burberry Group has a 52 week low of $7.38 and a 52 week high of $16.01. The company has a current ratio of 1.29, a quick ratio of 0.77 and a debt-to-equity ratio of 0.33. The business's 50 day moving average price is $13.49 and its 200-day moving average price is $11.30.

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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.