Short Interest in Burberry Group plc (OTCMKTS:BURBY) Rises By 13.8%

Burberry Group plc (OTCMKTS:BURBY - Get Free Report) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 61,000 shares, an increase of 13.8% from the December 31st total of 53,600 shares. Based on an average daily trading volume, of 143,400 shares, the short-interest ratio is currently 0.4 days.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BURBY shares. Sanford C. Bernstein upgraded shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 30th. Royal Bank of Canada upgraded Burberry Group from a "sector perform" rating to an "outperform" rating in a report on Wednesday, November 6th. Finally, UBS Group raised shares of Burberry Group from a "strong sell" rating to a "hold" rating in a research report on Friday, November 15th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold".

Burberry Group Stock Up 2.6 %

BURBY stock traded up $0.39 during midday trading on Wednesday, reaching $15.03. 42,686 shares of the company's stock traded hands, compared to its average volume of 75,509. 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 52-week low of $7.38 and a 52-week high of $17.32. The stock's 50-day moving average is $12.37 and its 200 day moving average is $10.37.

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.