Derwent Valley Holdings Plc (OTCMKTS:DWVYF) Short Interest Up 1,730.5% in June

Derwent Valley Holdings Plc (OTCMKTS:DWVYF) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 268,280 shares, a growth of 1,730.5% from the June 15th total of 14,656 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Approximately 0.2% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Jefferies Financial Group lowered Derwent Valley from a “moderate sell” rating to a “strong sell” rating in a report on Thursday, April 30th. Barclays raised Derwent Valley to a “hold” rating in a research report on Friday, March 27th. Two research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce”.

Derwent Valley Stock Performance

OTCMKTS:DWVYF remained flat at $24.36 during trading hours on Friday. Derwent Valley has a 12 month low of $21.32 and a 12 month high of $24.86. The firm has a fifty day moving average price of $23.91 and a 200 day moving average price of $23.46.

Derwent Valley Company Profile

Derwent London PLC (OTCMKTS:DWVYF) is a real estate investment trust headquartered in London, United Kingdom. The company specialises in the ownership, development and management of commercial properties, with a primary focus on office and mixed-use buildings in central London. Leveraging a significant development pipeline, Derwent London aims to maximise asset value through both new-build projects and the refurbishment of historic structures, often incorporating sustainable design and modern workplace features.

With a portfolio concentrated in key West End and City locations, Derwent London targets areas undergoing regeneration and urban renewal.