Burberry Group plc (OTCMKTS:BURBY) Short Interest Update

Burberry Group plc (OTCMKTS:BURBY - Get Free Report) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 52,900 shares, an increase of 26.6% from the January 31st total of 41,800 shares. Based on an average daily volume of 152,800 shares, the short-interest ratio is presently 0.3 days.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Kepler Capital Markets upgraded shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 26th. UBS Group upgraded shares of Burberry Group from a "strong sell" rating to a "hold" rating in a research note on Friday, November 15th. One analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy".

Burberry Group Trading Down 4.2 %

BURBY traded down $0.58 during midday trading on Friday, reaching $13.10. 30,664 shares of the company's stock were exchanged, compared to its average volume of 74,915. The company has a quick ratio of 0.77, a current ratio of 1.29 and a debt-to-equity ratio of 0.33. Burberry Group has a one year low of $7.38 and a one year high of $16.64. The business has a 50-day simple moving average of $13.40 and a two-hundred day simple moving average of $11.13.

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.