Marks and Spencer Group plc (OTCMKTS:MAKSY) Sees Large Increase in Short Interest

Marks and Spencer Group plc (OTCMKTS:MAKSY) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 10,200 shares, an increase of 1,033.3% from the August 15th total of 900 shares. Based on an average daily trading volume, of 43,300 shares, the days-to-cover ratio is presently 0.2 days.

Marks and Spencer Group Price Performance

Shares of MAKSY traded up $0.06 during mid-day trading on Friday, hitting $9.44. 992,752 shares of the company’s stock were exchanged, compared to its average volume of 52,820. The firm has a fifty day moving average of $8.44 and a two-hundred day moving average of $7.41. Marks and Spencer Group has a twelve month low of $5.22 and a twelve month high of $9.50. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.55 and a current ratio of 0.86.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.