BURBERRY GROUP PLC (OTCMKTS:BBRYF)’s Trend Up, Especially After Decreased Shorts

December 8, 2017 - By Marie Mckinney

The stock of BURBERRY GROUP PLC (OTCMKTS:BBRYF) registered a decrease of 7.64% in short interest. BBRYF’s total short interest was 289,000 shares in December as published by FINRA. Its down 7.64% from 312,900 shares, reported previously. With 200 shares average volume, it will take short sellers 1445 days to cover their BBRYF’s short positions.

The stock increased 2.68% or $0.6065 during the last trading session, reaching $23.2365. About shares traded. Burberry Group plc (OTCMKTS:BBRYF) has 0.00% since December 8, 2016 and is . It has underperformed by 16.70% the S&P500.

Burberry Group plc, together with its subsidiaries, designs, develops, makes, and sells luxury goods under the Burberry brand for men, women, and children. The company has market cap of $9.78 billion. The firm operates in two divisions, Retail/Wholesale and Licensing. It has a 24.59 P/E ratio. It offers product in the categories of apparel; accessories, such as women's handbags and small leather goods; and beauty, as well as eyewear and watches.

More recent Burberry Group plc (OTCMKTS:BBRYF) news were published by: Seekingalpha.com which released: “Burberry Group (BURBY) CEO Marco Gobbetti on Interim 2018 Results – Earnings …” on November 09, 2017. Also Bloomberg.com published the news titled: “Billionaire Frere Lifts Burberry Stake After Share Plunge” on November 10, 2017. Seekingalpha.com‘s news article titled: “European luxury sector handed a win by EU court” with publication date: December 06, 2017 was also an interesting one.

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