Short Interest in Marks and Spencer Group plc (OTCMKTS:MAKSY) Increases By 21.3%

Marks and Spencer Group plc (OTCMKTS:MAKSY) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 25,100 shares, a growth of 21.3% from the March 31st total of 20,700 shares. Based on an average daily volume of 100,400 shares, the short-interest ratio is presently 0.3 days.

Analysts Set New Price Targets

Separately, BNP Paribas raised shares of Marks and Spencer Group from a “neutral” rating to an “outperform” rating in a research report on Tuesday, January 2nd. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Marks and Spencer Group has a consensus rating of “Moderate Buy” and an average price target of $230.00.

Marks and Spencer Group Price Performance

OTCMKTS:MAKSY traded down $0.08 during midday trading on Tuesday, hitting $6.46. The company’s stock had a trading volume of 4,483 shares, compared to its average volume of 38,769. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.80 and a quick ratio of 0.43. Marks and Spencer Group has a fifty-two week low of $4.05 and a fifty-two week high of $7.48. The firm’s 50 day moving average is $6.33 and its 200-day moving average is $6.28.

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.