Marks and Spencer Group plc (OTCMKTS:MAKSY) Sees Large Increase in Short Interest

Marks and Spencer Group plc (OTCMKTS:MAKSYGet Free Report) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totalling 43,200 shares, a growth of 20.0% from the April 30th total of 36,000 shares. Based on an average daily volume of 23,900 shares, the short-interest ratio is presently 1.8 days.

Marks and Spencer Group Trading Down 1.0 %

OTCMKTS:MAKSY traded down $0.08 during mid-day trading on Friday, reaching $7.78. The stock had a trading volume of 5,146 shares, compared to its average volume of 13,502. Marks and Spencer Group has a 1-year low of $4.51 and a 1-year high of $8.00. The stock’s 50 day simple moving average is $6.76 and its two-hundred day simple moving average is $6.53. The company has a quick ratio of 0.43, a current ratio of 0.80 and a debt-to-equity ratio of 1.04.

Marks and Spencer Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, July 12th. Investors of record on Monday, June 3rd will be paid a $0.0508 dividend. This is an increase from Marks and Spencer Group’s previous dividend of $0.02. The ex-dividend date is Monday, June 3rd.

About Marks and Spencer Group

(Get Free Report)

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.

Further Reading

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