Barclays PLC (NYSE:BCS) Short Interest Update

Barclays PLC (NYSE:BCS) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 5,469,177 shares, a drop of 38.9% from the December 15th total of 8,951,665 shares. Based on an average daily volume of 4,996,407 shares, the short-interest ratio is presently 1.1 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 4,996,407 shares, the short-interest ratio is presently 1.1 days.

Barclays Price Performance

BCS traded up $0.29 during midday trading on Friday, hitting $26.19. The stock had a trading volume of 3,558,554 shares, compared to its average volume of 4,486,206. Barclays has a 1 year low of $12.14 and a 1 year high of $26.64. The company has a debt-to-equity ratio of 5.94, a quick ratio of 1.41 and a current ratio of 1.41. The business has a fifty day moving average of $23.97 and a 200 day moving average of $21.45. The company has a market cap of $90.78 billion, a P/E ratio of 12.07, a price-to-earnings-growth ratio of 0.40 and a beta of 0.98.

Barclays (NYSE:BCS) last announced its quarterly earnings data on Tuesday, September 30th. The financial services provider reported $0.45 earnings per share for the quarter. Barclays had a net margin of 21.26% and a return on equity of 8.19%. The firm had revenue of $9.21 billion during the quarter. As a group, equities analysts forecast that Barclays will post 2 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Barclays in a report on Tuesday, December 23rd. Morgan Stanley reiterated an “overweight” rating on shares of Barclays in a research note on Monday, November 24th. Citigroup restated a “neutral” rating on shares of Barclays in a research note on Monday, December 1st. Wall Street Zen lowered Barclays from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Finally, Zacks Research downgraded Barclays from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Barclays has an average rating of “Moderate Buy”.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BCS. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Barclays in the 2nd quarter valued at about $27,000. Mather Group LLC. purchased a new position in Barclays in the 3rd quarter worth approximately $30,000. Salomon & Ludwin LLC lifted its position in Barclays by 2,673.6% in the third quarter. Salomon & Ludwin LLC now owns 1,470 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 1,417 shares during the last quarter. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Barclays during the second quarter valued at approximately $28,000. Finally, True Wealth Design LLC bought a new position in shares of Barclays in the third quarter worth approximately $31,000. 3.39% of the stock is owned by institutional investors.

Barclays Company Profile

Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.