Birks Group Inc (NYSEAMERICAN:BGI) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 232,600 shares, a growth of 691.2% from the June 30th total of 29,400 shares. Based on an average trading volume of 1,110,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 5.4% of the company’s stock are sold short.

BGI opened at $0.91 on Friday. Birks Group has a 1 year low of $0.32 and a 1 year high of $1.97.

Birks Group Company Profile

Birks Group Inc designs, develops, produces, and retails fine jewelry, timepieces, sterling and plated silverware, and gifts in the United States and Canada. It operates in two segments, Retail and Other. The company offers designed products, as well as various merchandise, including designer jewelry, diamonds, gemstone and precious metal jewelry, rings, wedding bands, earrings, bracelets, necklaces, charms, and pearls.

Read More: Why do analysts give a neutral rating?

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