Marks and Spencer Group PLC (OTCMKTS:MAKSY) Shares Shorted: Short Interest Up 98.4% in September

Marks and Spencer Group PLC (OTCMKTS:MAKSY – Get Free Report) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 74,707 shares, an increase of 98.4% from the August 31st total of 37,658 shares. Based on an average trading volume of 105,163 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the shares of the company are short sold.

Marks and Spencer Group Stock Performance

Shares of Marks and Spencer Group stock traded up $0.17 on Wednesday, reaching $10.31. 13,908 shares of the company were exchanged, compared to its average volume of 138,795. The company has a quick ratio of 0.54, a current ratio of 0.86 and a debt-to-equity ratio of 0.97. The company’s 50-day moving average is $10.45 and its two-hundred day moving average is $9.84. Marks and Spencer Group has a 1-year low of $8.19 and a 1-year high of $11.32.

Marks and Spencer Group Company Profile

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Marks and Spencer Group plc is a United Kingdom-based retailer offering food, clothing and home products. Its merchandise is sold through the company’s stores and digital channels, with a focus on own-brand ranges and selected branded products. The company’s food business provides fresh, prepared and grocery products, while its clothing and home division sells apparel, lingerie, beauty products, household goods and furnishings.

Marks and Spencer traces its origins to a market stall established by Michael Marks in Leeds in 1884.

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