The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Short Interest Down 12.6% in June

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totalling 73,000 shares, a drop of 12.6% from the June 15th total of 83,500 shares. Based on an average daily volume of 76,800 shares, the short-interest ratio is presently 1.0 days.

The Berkeley Group Price Performance

OTCMKTS:BKGFY traded down $0.11 during midday trading on Tuesday, reaching $12.65. The company had a trading volume of 74,481 shares, compared to its average volume of 50,334. The stock’s fifty day simple moving average is $13.05 and its 200-day simple moving average is $12.45. The Berkeley Group has a 12-month low of $9.54 and a 12-month high of $14.39. The company has a current ratio of 3.57, a quick ratio of 0.64 and a debt-to-equity ratio of 0.19.

The Berkeley Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, August 12th. Shareholders of record on Monday, July 1st will be issued a dividend of $0.0737 per share. This is an increase from The Berkeley Group’s previous dividend of $0.07. The ex-dividend date is Monday, July 1st.

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.