Marks and Spencer Group PLC (OTCMKTS:MAKSY) Short Interest Up 11,306.1% in May

Marks and Spencer Group PLC (OTCMKTS:MAKSYGet Free Report) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 56,460 shares, an increase of 11,306.1% from the May 14th total of 495 shares. Based on an average daily volume of 1,753,900 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Marks and Spencer Group Stock Performance

Shares of MAKSY stock traded up $0.15 during trading on Tuesday, hitting $9.69. 89,485 shares of the stock traded hands, compared to its average volume of 185,726. Marks and Spencer Group has a 52-week low of $8.19 and a 52-week high of $11.32. The company has a quick ratio of 0.46, a current ratio of 0.81 and a debt-to-equity ratio of 1.01. The firm’s fifty day moving average price is $9.29 and its 200-day moving average price is $9.51.

Wall Street Analyst Weigh In

A number of research firms have recently commented on MAKSY. Sanford C. Bernstein raised shares of Marks and Spencer Group to a “strong-buy” rating in a research note on Thursday, May 14th. Morgan Stanley assumed coverage on shares of Marks and Spencer Group in a research note on Monday, May 18th. They issued an “overweight” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy”.

Read Our Latest Stock Report on MAKSY

Marks and Spencer Group Company Profile

(Get Free Report)

Marks and Spencer Group plc (OTCMKTS: MAKSY), commonly known as M&S, is a leading British retailer operating a network of full-line stores, food halls and online channels. The company’s retail portfolio spans clothing and home products as well as premium grocery offerings. M&S is recognized for its emphasis on quality, innovation and ethical sourcing across its range of private-label apparel, homeware and prepared foods.

In the apparel and home division, M&S designs and markets women’s, men’s and children’s fashion under core brands such as Autograph, Per Una and Collection, alongside its own bedding, kitchenware and furnishings.

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