Short Interest in Burberry Group PLC (OTCMKTS:BURBY) Drops By 41.1%

Burberry Group PLC (OTCMKTS:BURBY) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 20,512 shares, a decrease of 41.1% from the November 30th total of 34,830 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 84,133 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 84,133 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Burberry Group Trading Down 0.1%

BURBY opened at $16.96 on Friday. The firm has a 50-day moving average price of $16.27 and a 200-day moving average price of $16.21. Burberry Group has a twelve month low of $8.00 and a twelve month high of $18.55. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.44.

About Burberry Group

Burberry Group plc is a British luxury fashion house renowned for its distinctive designs and iconic outerwear. The company’s product portfolio encompasses ready-to-wear clothing, leather goods, handbags, accessories, footwear, fragrances and beauty items. Burberry is particularly famous for its classic trench coat, crafted from its patented gabardine fabric, and the signature checked pattern that has become a global emblem of luxury.

Founded in 1856 by Thomas Burberry in Basingstoke, England, the company initially specialized in weatherproof garments and outdoor attire.