Burberry Group plc (OTCMKTS:BURBY) Short Interest Down 52.2% in February

Burberry Group plc (OTCMKTS:BURBY) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 25,300 shares, a decrease of 52.2% from the February 13th total of 52,900 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 131,200 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. BNP Paribas raised shares of Burberry Group to a “strong-buy” rating in a report on Tuesday. UBS Group raised Burberry Group from a “strong sell” rating to a “hold” rating in a report on Friday, November 15th. Finally, Kepler Capital Markets raised Burberry Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 26th. One analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Burberry Group currently has an average rating of “Moderate Buy”.

Burberry Group Stock Performance

Shares of BURBY stock traded down $0.54 on Friday, reaching $12.32. 18,546 shares of the company were exchanged, compared to its average volume of 71,238. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.29 and a quick ratio of 0.77. The company has a 50-day moving average of $13.49 and a 200-day moving average of $11.25. Burberry Group has a one year low of $7.38 and a one year high of $16.59.

About Burberry Group

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.