Burberry Group plc (OTCMKTS:BURBY) Short Interest Update

Burberry Group plc (OTCMKTS:BURBY) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 122,400 shares, a drop of 37.0% from the June 30th total of 194,400 shares. Based on an average trading volume of 466,300 shares, the days-to-cover ratio is presently 0.3 days.

Burberry Group Stock Up 3.0 %

Burberry Group stock traded up $0.28 during trading on Friday, reaching $9.74. The company had a trading volume of 226,362 shares, compared to its average volume of 248,178. The firm’s 50-day simple moving average is $12.02 and its 200 day simple moving average is $14.52. Burberry Group has a 1-year low of $9.19 and a 1-year high of $29.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.66 and a quick ratio of 1.07.

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 dividend of $0.5158 per share. The ex-dividend date of this dividend is Friday, June 28th. This is a boost from Burberry Group’s previous dividend of $0.22.

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.