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

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

Burberry Group Trading Up 1.9 %

OTCMKTS BURBY traded up $0.21 during trading hours on Friday, reaching $11.55. 185,633 shares of the stock traded hands, compared to its average volume of 203,281. The stock has a 50 day simple moving average of $13.14 and a two-hundred day simple moving average of $15.14. Burberry Group has a 1 year low of $10.93 and a 1 year high of $29.30. The company has a current ratio of 1.66, a quick ratio of 1.07 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. Investors of record on Friday, June 28th will be paid a $0.5158 dividend. 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.