Marks and Spencer Group PLC (OTCMKTS:MAKSY) Short Interest Down 20.1% in February

Marks and Spencer Group PLC (OTCMKTS:MAKSY) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 112,389 shares, a decrease of 20.1% from the January 29th total of 140,696 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 251,531 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 251,531 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the shares of the stock are short sold.

Marks and Spencer Group Price Performance

OTCMKTS:MAKSY opened at $10.18 on Wednesday. Marks and Spencer Group has a 12 month low of $8.40 and a 12 month high of $11.51. The company has a current ratio of 0.81, a quick ratio of 0.46 and a debt-to-equity ratio of 1.01. The business’s 50-day moving average is $10.02 and its 200 day moving average is $9.76.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upgraded Marks and Spencer Group from a “hold” rating to a “buy” rating in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc (OTCMKTS: MAKSY), commonly known as M&S, is a leading British retailer operating a network of full-line stores, food halls and online channels. The company’s retail portfolio spans clothing and home products as well as premium grocery offerings. M&S is recognized for its emphasis on quality, innovation and ethical sourcing across its range of private-label apparel, homeware and prepared foods.

In the apparel and home division, M&S designs and markets women’s, men’s and children’s fashion under core brands such as Autograph, Per Una and Collection, alongside its own bedding, kitchenware and furnishings.