Marks and Spencer Group PLC (OTCMKTS:MAKSY) Short Interest Update

Marks and Spencer Group PLC (OTCMKTS:MAKSY) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 97,007 shares, a growth of 19,819.3% from the December 31st total of 487 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 271,908 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 271,908 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Marks and Spencer Group Price Performance

Shares of MAKSY opened at $10.34 on Thursday. The company has a quick ratio of 0.46, a current ratio of 0.81 and a debt-to-equity ratio of 1.01. Marks and Spencer Group has a 1-year low of $8.21 and a 1-year high of $11.51. The firm’s 50 day simple moving average is $9.11 and its 200 day simple moving average is $9.49.

Marks and Spencer Group Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, January 16th. Investors of record on Monday, December 1st were given a $0.0315 dividend. The ex-dividend date was Friday, November 28th. This represents a yield of 118.0%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Royal Bank Of Canada cut shares of Marks and Spencer Group from a “moderate buy” rating to a “hold” rating in a research note on Monday, October 20th. Berenberg Bank upgraded shares of Marks and Spencer Group from a “hold” rating to a “buy” rating in a research report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

About Marks and Spencer Group

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.