Short Interest in Marks and Spencer Group plc (OTCMKTS:MAKSY) Decreases By 86.1%

Marks and Spencer Group plc (OTCMKTS:MAKSY - Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 2,700 shares, a decline of 86.1% from the September 30th total of 19,400 shares. Based on an average daily volume of 64,600 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MAKSY. Barclays raised Marks and Spencer Group to a "strong-buy" rating in a report on Monday, September 16th. UBS Group raised shares of Marks and Spencer Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 23rd. One analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Buy".

Marks and Spencer Group Price Performance

Shares of MAKSY stock traded down $0.02 on Friday, reaching $9.90. 69,213 shares of the company's stock were exchanged, compared to its average volume of 55,268. The company's fifty day simple moving average is $9.61 and its 200 day simple moving average is $8.18. Marks and Spencer Group has a 52 week low of $5.22 and a 52 week high of $10.69. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.86 and a quick ratio of 0.55.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.

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