Marks and Spencer Group PLC (OTCMKTS:MAKSY) Short Interest Up 45.0% in January

Marks and Spencer Group PLC (OTCMKTS:MAKSY) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 140,696 shares, an increase of 45.0% from the January 15th total of 97,007 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 465,880 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 465,880 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

MAKSY has been the subject of a number of research reports. Berenberg Bank upgraded Marks and Spencer Group from a “hold” rating to a “buy” rating in a report on Friday, January 9th. Royal Bank Of Canada cut Marks and Spencer Group from a “moderate buy” rating to a “hold” rating in a research report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Marks and Spencer Group Stock Performance

Shares of MAKSY traded up $0.11 during mid-day trading on Monday, hitting $11.15. 37,221 shares of the company’s stock were exchanged, compared to its average volume of 189,945. The company has a quick ratio of 0.46, a current ratio of 0.81 and a debt-to-equity ratio of 1.01. Marks and Spencer Group has a 52 week low of $8.40 and a 52 week high of $11.51. The stock’s 50-day simple moving average is $9.50 and its 200-day simple moving average is $9.61.

Marks and Spencer Group Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 16th. Stockholders of record on Monday, December 1st were paid a $0.0315 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a dividend yield of 118.0%.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc (OTCMKTS: MAKSY), commonly known as M&S, is a leading British retailer operating a network of full-line stores, food halls and online channels. The company’s retail portfolio spans clothing and home products as well as premium grocery offerings. M&S is recognized for its emphasis on quality, innovation and ethical sourcing across its range of private-label apparel, homeware and prepared foods.

In the apparel and home division, M&S designs and markets women’s, men’s and children’s fashion under core brands such as Autograph, Per Una and Collection, alongside its own bedding, kitchenware and furnishings.