Short Interest in Marks and Spencer Group PLC (OTCMKTS:MAKSY) Increases By 19,819.3%

Marks and Spencer Group PLC (OTCMKTS:MAKSY) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 97,007 shares, an increase of 19,819.3% from the December 31st total of 487 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 271,908 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 271,908 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Ratings Changes

Several research firms have recently weighed in on MAKSY. Berenberg Bank raised shares of Marks and Spencer Group from a “hold” rating to a “buy” rating in a research report on Friday, January 9th. Royal Bank Of Canada cut shares of Marks and Spencer Group from a “moderate buy” rating to a “hold” rating in a research report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Marks and Spencer Group Price Performance

OTCMKTS MAKSY opened at $10.20 on Wednesday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.81 and a quick ratio of 0.46. The company has a 50 day simple moving average of $9.09 and a 200-day simple moving average of $9.48. Marks and Spencer Group has a 52-week low of $8.05 and a 52-week high of $11.51.

Marks and Spencer Group Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, January 16th. Shareholders of record on Monday, December 1st were paid a dividend of $0.0315 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a dividend yield of 118.0%.

About Marks and Spencer Group

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.