Short Interest in Marks and Spencer Group PLC (OTCMKTS:MAKSY) Decreases By 35.8%

Marks and Spencer Group PLC (OTCMKTS:MAKSY) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 487 shares, a decline of 35.8% from the December 15th total of 759 shares. Based on an average trading volume of 475,183 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 475,183 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Berenberg Bank upgraded Marks and Spencer Group from a “hold” rating to a “buy” rating in a report on Friday, January 9th. Royal Bank Of Canada downgraded shares of Marks and Spencer Group from a “moderate buy” rating to a “hold” rating in a research report on Monday, October 20th. One equities research 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 data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Marks and Spencer Group Stock Performance

Shares of Marks and Spencer Group stock opened at $9.73 on Friday. The stock has a fifty day simple moving average of $9.03 and a 200 day simple moving average of $9.45. Marks and Spencer Group has a 12-month low of $7.99 and a 12-month high of $11.51. The company has a current ratio of 0.81, a quick ratio of 0.46 and a debt-to-equity ratio of 1.01.

Marks and Spencer Group Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, January 16th. Stockholders of record on Monday, December 1st will be issued a $0.0315 dividend. The ex-dividend date is Friday, November 28th. This represents a dividend yield of 118.0%.

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.