Marks and Spencer Group PLC (OTCMKTS:MAKSY) Shares Shorted: Short Interest Up 88.2% in October

Marks and Spencer Group PLC (OTCMKTS:MAKSY) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 102,184 shares, an increase of 88.2% from the September 30th total of 54,288 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 106,591 shares, the days-to-cover ratio is presently 1.0 days.

Marks and Spencer Group Stock Up 1.2%

MAKSY stock traded up $0.13 during trading on Monday, reaching $11.19. 307,006 shares of the company were exchanged, compared to its average volume of 135,594. The company has a 50-day moving average of $10.50 and a two-hundred day moving average of $10.06. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.86 and a quick ratio of 0.54. Marks and Spencer Group has a twelve month low of $8.19 and a twelve month high of $11.51.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc is a United Kingdom-based retailer serving customers through stores and digital channels. The company operates primarily through two divisions: Food, which offers groceries, prepared meals, and related products, and Clothing & Home, which sells apparel, lingerie, footwear, home furnishings, and beauty products.

Founded in 1884 by Michael Marks and later expanded through a partnership with Thomas Spencer, Marks and Spencer has developed into one of the United Kingdom’s best-known retail brands.