Burberry Group plc (OTCMKTS:BURBY) Short Interest Up 79.2% in June

Burberry Group plc (OTCMKTS:BURBY) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 194,400 shares, an increase of 79.2% from the June 15th total of 108,500 shares. Based on an average trading volume of 502,200 shares, the days-to-cover ratio is currently 0.4 days.

Burberry Group Trading Up 1.9 %

Shares of OTCMKTS BURBY traded up $0.21 during midday trading on Friday, reaching $11.55. 185,633 shares of the stock traded hands, compared to its average volume of 203,281. The company’s 50 day moving average is $13.14 and its 200 day moving average is $15.14. Burberry Group has a one year low of $10.93 and a one year high of $29.30. 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 firm also recently announced a dividend, which will be paid on Wednesday, August 7th. Shareholders 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.