Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Short Interest Update

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 8,700 shares, a drop of 44.6% from the August 31st total of 15,700 shares. Based on an average daily volume of 113,700 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 113,700 shares, the short-interest ratio is presently 0.1 days.

Berkeley Group Stock Up 1.2%

Shares of OTCMKTS:BKGFY opened at $10.65 on Friday. The company has a 50-day simple moving average of $9.94 and a 200 day simple moving average of $10.36. The company has a current ratio of 3.36, a quick ratio of 0.61 and a debt-to-equity ratio of 0.19. Berkeley Group has a 52-week low of $8.48 and a 52-week high of $12.72.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BKGFY. Kepler Capital Markets upgraded shares of Berkeley Group to a “hold” rating in a research report on Wednesday, July 23rd. Royal Bank Of Canada raised shares of Berkeley Group from a “strong sell” rating to a “moderate buy” rating in a report on Wednesday, July 9th. Finally, Zacks Research lowered shares of Berkeley Group from a “strong-buy” rating to a “hold” rating in a report on Friday, August 29th. Two analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy”.

About Berkeley Group

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.