The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Sees Significant Decline in Short Interest

The Berkeley Group Holdings plc (OTCMKTS:BKGFYGet Free Report) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 211,700 shares, a decrease of 57.8% from the April 30th total of 501,500 shares. Based on an average trading volume of 323,600 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.0% of the shares of the company are sold short.

The Berkeley Group Stock Up 0.7%

OTCMKTS BKGFY opened at $11.62 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.66 and a current ratio of 3.46. The company’s fifty day moving average is $10.68 and its two-hundred day moving average is $10.14. The Berkeley Group has a 52-week low of $8.48 and a 52-week high of $15.11.

Analyst Ratings Changes

Separately, UBS Group upgraded shares of The Berkeley Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 28th.

Read Our Latest Research Report on The Berkeley Group

The Berkeley Group Company Profile

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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.

Further Reading

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