Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Short Interest Up 117.8% in July

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 37,419 shares, an increase of 117.8% from the June 30th total of 17,177 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 62,328 shares, the short-interest ratio is presently 0.6 days.

Analysts Set New Price Targets

A number of analysts have weighed in on TWODY shares. Rothschild & Co Redburn lowered shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. The Goldman Sachs Group cut Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce”.

Taylor Wimpey Stock Performance

OTCMKTS:TWODY opened at $11.25 on Wednesday. The stock’s 50-day moving average is $10.64 and its 200-day moving average is $12.18. Taylor Wimpey has a 1-year low of $9.79 and a 1-year high of $16.00.

About Taylor Wimpey

Taylor Wimpey plc is a leading residential developer headquartered in High Wycombe, Buckinghamshire, United Kingdom. The company specializes in the acquisition, planning and construction of new homes for private sale, affordable housing and joint‐venture partnerships. With a focus on delivering quality, sustainable communities, Taylor Wimpey guides projects from initial land sourcing and development planning through to marketing, build‐out and after‐sales management.

Founded in 2007 through the merger of Taylor Woodrow and George Wimpey—each with roots dating back to the early 20th century—Taylor Wimpey has grown to become one of the largest homebuilders in the UK.