Burberry Group plc (OTCMKTS:BURBY) Sees Significant Growth in Short Interest

Burberry Group plc (OTCMKTS:BURBY) was the target 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 trading volume, of 357,900 shares, the days-to-cover ratio is presently 0.3 days.

Burberry Group Stock Performance

Shares of Burberry Group stock opened at $11.01 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.66 and a debt-to-equity ratio of 0.26. The stock 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 12-month low of $10.93 and a 12-month high of $29.30.

Burberry Group Increases Dividend

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

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.