Marks and Spencer Group PLC (OTCMKTS:MAKSY) Sees Significant Increase in Short Interest

Marks and Spencer Group PLC (OTCMKTS:MAKSY) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 102,184 shares, a growth of 88.2% from the September 30th total of 54,288 shares. Based on an average trading volume of 106,591 shares, the short-interest ratio is currently 1.0 days. Approximately 0.0% of the company’s shares are short sold.

Marks and Spencer Group Price Performance

Shares of MAKSY opened at $11.06 on Friday. Marks and Spencer Group has a 1-year low of $8.19 and a 1-year high of $11.51. The firm has a 50-day simple moving average of $10.50 and a two-hundred day simple moving average of $10.06. The company has a current ratio of 0.86, a quick ratio of 0.54 and a debt-to-equity ratio of 0.97.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc is a United Kingdom-based retailer serving customers through stores and digital channels. The company operates primarily through two divisions: Food, which offers groceries, prepared meals, and related products, and Clothing & Home, which sells apparel, lingerie, footwear, home furnishings, and beauty products.

Founded in 1884 by Michael Marks and later expanded through a partnership with Thomas Spencer, Marks and Spencer has developed into one of the United Kingdom’s best-known retail brands.