Burberry Group plc (OTCMKTS:BURBY) Short Interest Down 75.4% in August

Burberry Group plc (OTCMKTS:BURBY) was the target of a large decline in short interest in August. As of August 31st, there was short interest totalling 43,700 shares, a decline of 75.4% from the August 15th total of 177,900 shares. Based on an average daily volume of 296,200 shares, the short-interest ratio is presently 0.1 days.

Burberry Group Trading Up 0.7 %

Shares of OTCMKTS:BURBY traded up $0.05 during trading on Thursday, reaching $7.74. 178,974 shares of the stock were exchanged, compared to its average volume of 150,756. Burberry Group has a 12-month low of $7.38 and a 12-month high of $27.32. The firm’s 50-day moving average price is $9.46 and its 200 day moving average price is $12.72. The company has a quick ratio of 1.07, a current ratio of 1.66 and a debt-to-equity ratio of 0.26.

Burberry Group Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, August 7th. Investors of record on Friday, June 28th were issued a $0.5158 dividend. This is an increase from Burberry Group’s previous dividend of $0.22. The ex-dividend date was 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.