Burberry Group plc (OTCMKTS:BURBY) Short Interest Up 76.7% in August

Burberry Group plc (OTCMKTS:BURBY) was the recipient of a large growth in short interest in August. As of August 15th, there was short interest totalling 177,900 shares, a growth of 76.7% from the July 31st total of 100,700 shares. Based on an average daily trading volume, of 458,400 shares, the short-interest ratio is presently 0.4 days.

Burberry Group Stock Performance

Shares of BURBY opened at $9.45 on Wednesday. Burberry Group has a 52-week low of $8.69 and a 52-week high of $28.66. The company has a current ratio of 1.66, a quick ratio of 1.07 and a debt-to-equity ratio of 0.26. The firm has a 50-day moving average price of $10.27 and a 200 day moving average price of $13.35.

Burberry Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, August 7th. Stockholders of record on Friday, June 28th were 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 of this dividend was 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.