Marks and Spencer Group PLC (OTCMKTS:MAKSY) Short Interest Up 45.0% in January

Marks and Spencer Group PLC (OTCMKTS:MAKSY) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 140,696 shares, an increase of 45.0% from the January 15th total of 97,007 shares. Based on an average daily trading volume, of 465,880 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 465,880 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Royal Bank Of Canada lowered Marks and Spencer Group from a “moderate buy” rating to a “hold” rating in a research note on Monday, October 20th. Berenberg Bank raised Marks and Spencer Group from a “hold” rating to a “buy” rating in a research note on Friday, January 9th. One 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. According to data from MarketBeat, Marks and Spencer Group has a consensus rating of “Moderate Buy”.

Marks and Spencer Group Stock Up 1.0%

Shares of MAKSY opened at $11.15 on Friday. The firm has a fifty day moving average price of $9.50 and a 200-day moving average price of $9.61. Marks and Spencer Group has a 12-month low of $8.40 and a 12-month high of $11.51. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.81 and a quick ratio of 0.46.

Marks and Spencer Group Dividend Announcement

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

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.