The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Sees Large Increase in Short Interest

The Berkeley Group Holdings plc (OTCMKTS:BKGFYGet Free Report) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 40,100 shares, an increase of 464.8% from the December 31st total of 7,100 shares. Based on an average daily volume of 681,300 shares, the days-to-cover ratio is presently 0.1 days.

The Berkeley Group Stock Performance

BKGFY opened at $9.59 on Thursday. The business’s 50-day simple moving average is $10.00 and its 200-day simple moving average is $11.71. 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.

Analysts Set New Price Targets

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

Read Our Latest Research Report on BKGFY

The Berkeley Group Company Profile

(Get Free Report)

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.

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