Burberry Group plc (OTCMKTS:BURBY) Short Interest Up 126.7% in March

Burberry Group plc (OTCMKTS:BURBY - Get Free Report) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 3,400 shares, a growth of 126.7% from the March 15th total of 1,500 shares. Based on an average daily trading volume, of 101,900 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Burberry Group Trading Up 0.5 %

Burberry Group stock traded up $0.04 during trading hours on Monday, reaching $8.67. The stock had a trading volume of 82,151 shares, compared to its average volume of 90,834. Burberry Group has a 52 week low of $7.38 and a 52 week high of $15.49. The company has a fifty day simple moving average of $11.55 and a 200-day simple moving average of $11.51. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.29 and a quick ratio of 0.77.

Analysts Set New Price Targets

A number of research firms have weighed in on BURBY. BNP Paribas upgraded Burberry Group to a "strong-buy" rating in a research report on Tuesday, March 11th. Kepler Capital Markets raised Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 26th. One analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy".

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.