Burberry Group plc (OTCMKTS:BURBY) Short Interest Up 13.8% in December

Burberry Group plc (OTCMKTS:BURBY) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 61,000 shares, an increase of 13.8% from the December 15th total of 53,600 shares. Based on an average trading volume of 143,400 shares, the short-interest ratio is currently 0.4 days.

Burberry Group Trading Down 1.2 %

Shares of BURBY stock opened at $12.09 on Friday. Burberry Group has a fifty-two week low of $7.38 and a fifty-two week high of $17.43. The stock’s fifty day moving average price is $11.65 and its two-hundred day moving average price is $10.12. The company has a quick ratio of 0.77, a current ratio of 1.29 and a debt-to-equity ratio of 0.33.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. UBS Group raised Burberry Group from a “strong sell” rating to a “hold” rating in a report on Friday, November 15th. Citigroup raised Burberry Group to a “hold” rating in a research note on Tuesday, October 1st. Sanford C. Bernstein upgraded shares of Burberry Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 30th. Finally, Royal Bank of Canada upgraded shares of Burberry Group from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Burberry Group presently has an average rating of “Hold”.

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.