Short Interest in The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Rises By 455.6%

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 15,000 shares, a growth of 455.6% from the January 31st total of 2,700 shares. Based on an average daily volume of 431,000 shares, the short-interest ratio is presently 0.0 days.

The Berkeley Group Stock Up 0.8 %

OTCMKTS:BKGFY traded up $0.07 during trading hours on Friday, hitting $9.26. The company had a trading volume of 244,483 shares, compared to its average volume of 338,730. The stock has a 50-day moving average price of $9.54 and a 200 day moving average price of $11.22. The Berkeley Group has a 52 week low of $8.48 and a 52 week high of $15.11. 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 Berkeley Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 10th will be given a $0.0833 dividend. The ex-dividend date is Monday, March 10th.

Analyst Ratings Changes

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

About The 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.