Marks and Spencer Group plc (OTCMKTS:MAKSY) Sees Significant Drop in Short Interest

Marks and Spencer Group plc (OTCMKTS:MAKSY) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 25,500 shares, a decrease of 37.5% from the February 28th total of 40,800 shares. Based on an average daily trading volume, of 98,300 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Marks and Spencer Group Stock Performance

Shares of OTCMKTS MAKSY traded up $0.08 during midday trading on Friday, reaching $9.38. 23,995 shares of the company were exchanged, compared to its average volume of 83,444. The stock has a fifty day simple moving average of $8.94 and a 200 day simple moving average of $9.46. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.45 and a current ratio of 0.82. Marks and Spencer Group has a 1 year low of $6.06 and a 1 year high of $10.69.

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.