Burberry Group plc (OTCMKTS:BURBY) Short Interest Update

Burberry Group plc (OTCMKTS:BURBYGet Free Report) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 58,800 shares, an increase of 151.3% from the October 31st total of 23,400 shares. Based on an average daily volume of 285,600 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

BURBY has been the topic of several recent analyst reports. Sanford C. Bernstein raised shares of Burberry Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 30th. Jefferies Financial Group cut shares of Burberry Group from a “hold” rating to an “underperform” rating in a research report on Friday, September 20th. Royal Bank of Canada raised shares of Burberry Group from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, November 6th. UBS Group raised shares of Burberry Group from a “strong sell” rating to a “hold” rating in a report on Friday, November 15th. Finally, Citigroup upgraded Burberry Group to a “hold” rating in a report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

View Our Latest Stock Analysis on Burberry Group

Burberry Group Trading Down 0.3 %

BURBY stock opened at $11.44 on Friday. Burberry Group has a 1 year low of $7.38 and a 1 year high of $20.05. The business’s 50-day moving average is $9.77 and its two-hundred day moving average is $10.42. The company has a quick ratio of 1.07, a current ratio of 1.66 and a debt-to-equity ratio of 0.26.

Burberry Group Company Profile

(Get Free Report)

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.

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