Burberry Group plc (OTCMKTS:BURBY) Short Interest Update

Burberry Group plc (OTCMKTS:BURBY - Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 10,700 shares, an increase of 143.2% from the September 30th total of 4,400 shares. Based on an average daily volume of 191,700 shares, the days-to-cover ratio is presently 0.1 days.

Burberry Group Trading Up 5.4 %

Burberry Group stock traded up $0.52 during trading hours on Friday, reaching $10.13. 107,394 shares of the company's stock traded hands, compared to its average volume of 153,587. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.07 and a current ratio of 1.66. Burberry Group has a fifty-two week low of $7.38 and a fifty-two week high of $21.67. The firm's 50 day moving average is $8.68 and its 200-day moving average is $11.12.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on BURBY shares. Jefferies Financial Group downgraded shares of Burberry Group from a "hold" rating to an "underperform" rating in a research report on Friday, September 20th. Citigroup upgraded shares of Burberry Group to a "hold" rating in a research report on Tuesday, October 1st.

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.