Burberry Group plc (OTCMKTS:BURBY) Sees Large Decrease in Short Interest

Burberry Group plc (OTCMKTS:BURBY - Get Free Report) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totalling 4,400 shares, a drop of 21.4% from the September 15th total of 5,600 shares. Based on an average daily trading volume, of 398,900 shares, the days-to-cover ratio is presently 0.0 days.Get Burberry Group alerts:Wall Street Analysts Forecast GrowthBURBY has been the subject of several recent research reports. Citigroup raised shares of Burberry Group to a "hold" rating in a research note on Tuesday, October 1st. Jefferies Financial Group cut Burberry Group from a "hold" rating to an "underperform" rating in a report on Friday, September 20th.Get Our Latest Analysis on Burberry GroupBurberry Group Stock Up 0.2 %OTCMKTS:BURBY traded up $0.02 during trading hours on Friday, reaching $8.65. 51,681 shares of the stock were exchanged, compared to its average volume of 151,629. Burberry Group has a twelve month low of $7.38 and a twelve month high of $21.94. The business has a 50-day moving average of $8.66 and a two-hundred day moving average of $11.53. The company has a quick ratio of 1.07, a current ratio of 1.66 and a debt-to-equity ratio of 0.26. About Burberry Group (Get Free Report)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.Featured ArticlesFive stocks we like better than Burberry GroupInvesting In Preferred Stock vs. Common StockWhy Fastenal Stock Could Hit New Highs After Strong Q3 ResultsDividend Capture Strategy: What You Need to KnowWhy Eli Lilly Stock Is Soaring—and How It Plans to Stay on TopStock Average Calculator 3 Mid-Cap Stocks Under $20 With Insider Buying and Major UpsideThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ Elon puts it all on the line… to save America (From Porter & Company) (Ad)Should you invest $1,000 in Burberry Group right now?Before you consider Burberry Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Burberry Group wasn't on the list.While Burberry Group currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here