Burberry Group plc (OTCMKTS:BURBY – Get Free Report) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 108,500 shares, a growth of 12.8% from the May 31st total of 96,200 shares. Based on an average daily volume of 357,900 shares, the days-to-cover ratio is presently 0.3 days.
Burberry Group Stock Performance
Shares of BURBY opened at $11.09 on Tuesday. The company has a quick ratio of 1.07, a current ratio of 1.66 and a debt-to-equity ratio of 0.26. The stock has a 50-day moving average of $13.71 and a two-hundred day moving average of $15.57. Burberry Group has a one year low of $10.98 and a one year high of $29.30.
Burberry Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, August 7th. Investors of record on Friday, June 28th will be issued a $0.5158 dividend. The ex-dividend date is Friday, June 28th. This is an increase from Burberry Group’s previous dividend of $0.22.
About Burberry Group
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.
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