Short Interest in Burberry Group plc (OTCMKTS:BURBY) Grows By 42.4%

Burberry Group plc (OTCMKTS:BURBY) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 18,800 shares, an increase of 42.4% from the March 31st total of 13,200 shares. Based on an average daily volume of 186,400 shares, the days-to-cover ratio is currently 0.1 days.

Burberry Group Price Performance

BURBY stock traded up $0.19 during midday trading on Friday, hitting $14.71. 71,819 shares of the stock were exchanged, compared to its average volume of 101,167. The stock’s 50-day moving average price is $15.68 and its 200-day moving average price is $17.67. Burberry Group has a fifty-two week low of $14.15 and a fifty-two week high of $32.81. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.06 and a current ratio of 1.56.

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.