Marks and Spencer Group PLC (OTCMKTS:MAKSY) Stock Short Interest Jumps 88.2%

Marks and Spencer Group PLC (OTCMKTS:MAKSY – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 102,184 shares, an increase of 88.2% from the September 30th total of 54,288 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 106,591 shares, the short-interest ratio is currently 1.0 days.

Marks and Spencer Group Price Performance

MAKSY stock opened at $11.22 on Tuesday. Marks and Spencer Group has a 1-year low of $8.19 and a 1-year high of $11.51. The business’s 50 day simple moving average is $10.51 and its 200 day simple moving average is $10.07. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.86 and a quick ratio of 0.54.

Marks and Spencer Group Company Profile

(Get Free Report)

Marks and Spencer Group plc is a United Kingdom-based retailer serving customers through stores and digital channels. The company operates primarily through two divisions: Food, which offers groceries, prepared meals, and related products, and Clothing & Home, which sells apparel, lingerie, footwear, home furnishings, and beauty products.

Founded in 1884 by Michael Marks and later expanded through a partnership with Thomas Spencer, Marks and Spencer has developed into one of the United Kingdom’s best-known retail brands.

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