Short Interest in Marks and Spencer Group plc (OTCMKTS:MAKSY) Increases By 21.3%

Marks and Spencer Group plc (OTCMKTS:MAKSY) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 25,100 shares, a growth of 21.3% from the March 31st total of 20,700 shares. Based on an average daily trading volume, of 100,400 shares, the days-to-cover ratio is presently 0.3 days.

Analysts Set New Price Targets

Separately, BNP Paribas raised Marks and Spencer Group from a “neutral” rating to an “outperform” rating in a report on Tuesday, January 2nd. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $230.00.

Marks and Spencer Group Stock Down 1.3 %

Shares of MAKSY stock traded down $0.08 during trading hours on Tuesday, reaching $6.46. The company had a trading volume of 4,483 shares, compared to its average volume of 38,769. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.43 and a current ratio of 0.80. Marks and Spencer Group has a 1-year low of $4.05 and a 1-year high of $7.48. The company has a 50 day moving average of $6.33 and a 200 day moving average of $6.28.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.