Marks and Spencer Group PLC (OTCMKTS:MAKSY) Short Interest Down 16.8% in February

Marks and Spencer Group PLC (OTCMKTS:MAKSY) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 93,560 shares, a decline of 16.8% from the February 12th total of 112,389 shares. Based on an average daily volume of 90,498 shares, the short-interest ratio is currently 1.0 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 90,498 shares, the short-interest ratio is currently 1.0 days.

Marks and Spencer Group Stock Performance

Shares of OTCMKTS MAKSY traded up $0.15 during midday trading on Monday, hitting $9.70. The company had a trading volume of 55,739 shares, compared to its average volume of 134,466. Marks and Spencer Group has a twelve month low of $8.40 and a twelve month high of $11.51. The business has a 50-day simple moving average of $10.21 and a two-hundred day simple moving average of $9.78. The company has a quick ratio of 0.46, a current ratio of 0.81 and a debt-to-equity ratio of 1.01.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised Marks and Spencer Group from a “hold” rating to a “buy” rating in a report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Marks and Spencer Group currently has an average rating of “Moderate Buy”.

Marks and Spencer Group Company Profile

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.