The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Short Interest Update

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) was the target of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 2,700 shares, a drop of 99.4% from the January 15th total of 426,300 shares. Based on an average daily trading volume, of 693,200 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Barclays upgraded The Berkeley Group from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th.

The Berkeley Group Stock Up 1.0 %

Shares of OTCMKTS:BKGFY opened at $9.45 on Thursday. The company has a current ratio of 3.46, a quick ratio of 0.66 and a debt-to-equity ratio of 0.19. The Berkeley Group has a one year low of $8.48 and a one year high of $15.11. The business’s 50-day simple moving average is $9.73 and its 200 day simple moving average is $11.48.

The Berkeley Group Company Profile

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.