Short Interest in Burberry Group plc (OTCMKTS:BURBY) Grows By 12.8%

Burberry Group plc (OTCMKTS:BURBY) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 108,500 shares, an increase of 12.8% from the May 31st total of 96,200 shares. Based on an average daily volume of 357,900 shares, the days-to-cover ratio is currently 0.3 days.

Burberry Group Stock Performance

OTCMKTS BURBY opened at $11.01 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.07 and a current ratio of 1.66. The business has a 50 day moving average price of $13.65 and a two-hundred day moving average price of $15.51. Burberry Group has a fifty-two week low of $10.93 and a fifty-two week high of $29.30.

Burberry Group Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, August 7th. Investors of record on Friday, June 28th will be given a dividend of $0.5158 per share. This is a positive change from Burberry Group’s previous dividend of $0.22. The ex-dividend date is Friday, June 28th.

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.